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Brandon Berg's avatar

Isn't it weird how denying evolution is low-status, but denying genetics is high-status?

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G. M. (Mark) Baker's avatar

Another factor that we should not neglect is the influence of values, culture, and interests on individual wealth outcomes. I can identify several points in my career where if I had made a different choice I would have made more money, and I was aware of that at the time I made those choices. I knew it when I chose to study history. I knew it when I retired early to try to be a novelist. I knew at at several other career junctures along the way, like the time I was offered an opportunity to move into sales support from technical communication or the time I was offered an opportunity to move into consulting, or the time I had the opportunity to develop a highly lucrative training business. If I had turned towards money instead of away from it at some or all of those junctures, I would be a lot wealthier than I am today.

But I consistently turned the other way, towards the things that interested me, and also towards an easier life that let me work fewer hours and travel less so I could be at home more an work on my other interests more. And I could be spending my time now on almost anything other than the ludicrously unlucrative ambition of being a novelist. But that is what I am doing, knowing full well that it is costing me more than it is making me, and likely always will.

From a purely financial standpoint, therefore, I have not come close to realizing my full potential given the particular set of opportunities and advantages I started out with. And I made the choice not to do so with full knowledge that that was what I was doing. And that is true of most people. Given sufficient resources to live comfortably (by whatever standard we measure that, which is largely a matter of the expectations we grew up with) most of us will choose leisure and interests over spending every waking hour grubbing for cash.

In short, while it is certainly true that we don't all start life with the same resources and the same advantages, and therefore with the same theoretical earning potential, most of us don't come close to maximizing the resources and advantages we do have in that cause because we choose to live differently.

That choice to live differently is no doubt individual in part and cultural in part, and it undoubtedly has consequences for our children. My choices and values were undoubtedly influenced by my parents' values and choices, and by the environment I grew up in as a consequence of those choices. And why should I complain of that? Who says that having the greatest possible amount of money in the bank is the best of life choices? That is a particular cultural and personal value shared by very few human beings.

To argue that those who started with greater advantages might owe something to those who started with few advantages has some merit, though it lies in the realm of charity rather than justice. But to argue that those who chose to devote all their advantages to the pursuit of money owe something to those who chose to devote their advantages to other pursuits is absurd. If Jeff Bezos owes me money because I devoted my time to writing novels rather than to building an ecommerce giant, should it not follow that I owe Jeff a share of the things I devoted my resources to: the time spend with my wife and kids, the time spent reading great books and talking about them, the time spent dreaming up characters and settings and plots. Does it follow that the people who chose to go fishing rather than building an business empire owe Bill Gates a brace of trout and the joy of a lazy day in a boat on a lake?

Of course not.

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