Jordan Peterson | Using Money Productively
Вставка
- Опубліковано 28 вер 2024
- FULL EPISODE ► bit.ly/SimJP
Welcome ✌🏽 We Uncover The Nature of Reality
1 Interview Smart People
2️ Synthesize First Principles
3️ Elevate Planetary Consciousness
⭐ Our trusted funnel of projects ► allensaakyan.com
💗 Build DAOs for the New Earth. Meet Basic Needs for All and Maximize Our Potential.
We're doing this at HOME DAO, join us if it resonates ► thehomedao.com
🎨 DR. JORDAN PETERSON
Website ► jordanbpeterson...
Twitter ► / jordanbpeterson
Instagram ► / jordan.b.peterson
12 Rules For Life ► amzn.to/2AgPtZ9
20% OFF DISCOUNT CODE ► SanFran
SELF AUTHORING ► selfauthoring.com
UNDERSTAND MYSELF ► understandmysel...
So he is talking about 'naturals' in terms of academia.
I think another point he is making is that the majority of people that are smart are 'inherently' that way, thus you can not make people more intelligent than those who are 'naturally' smart.
I can see his initial point about people being at different intelligence levels because we aren't all the same, therefore not equal, which I consider to be a fact. For example my siblings are not the same as I, and we yet we are the closest things to having the same DNA.
However, I disagree that we are born severely different in terms of intelligence. The variance in intelligence between new borns would be 'immaterial', almost non existent. Then it is your experiences that will shape your intelligence, given the assumption that we do not include abnormal humans like those with autism because they be both extremely intelligent in terms of academia and also mentally disabled (Both ends of the spectrum, thus outliers/extremes).
Therefore I would have to conclude that we are victims of experience. That our intelligence is determined by what we can't control (Which sounds fatalistic). However only up until the point of consciousness. Once we become conscious we are aware and therefore can work/educate ourselves to the same level and further than those who are naturally talented.
Perhaps it is the old question of nature vs nurture.
My answer would be nature up until the point of consciousness (If reached) then nurture takes over. This is what I believe to be the purpose of our schools. To reach consciousness.
Interesting eh?
Wow. Thank you Paul! Insightful response! The notion of that we are victims of experience is one worthy of a truly endeavoring conversation to explore all the nuances involved.
Curious what others have to think about these points. Please share what you think on this thought
Paul Allen I'm not sure how you can measure a newborn's intelligence, but at as early as 6 months old, you can see vast differences in intelligence. I havent see studies that show geniuses were also smarter when they were young, but I'm guessing they exist. Your siblings for example should've had very similar experiences as you but I'm guessing there is up to 20 points difference in IQ.
I want to believe, and my personal experience backs up, what you are saying, but the psychological community is overwhelmingly convinced that intelligence is almost completely genetic.
One thing is what you believe. Another what research shows and research shows that genetics accounts for at least 55% of peoples IQ and some research suggests that that number is way higher. Studies of seperated twins and adopted children shows this quite clearly eventhough I have only been able to find older studies.
If you find the whole nature vs nurture talk interessting if think you would enjoy a norwegian documentary series Hjernevask (norwegian for brainwash). It has to be said that it was to a large part intended to challenge the idea that nurture is everything which is quite dominant in academia here in Scandinavia (I am from Denmark). It is therefore very pro nature but it presents a lot of interesting research and the presenter is a socilogist (and a comedian).
You can find the episodes here on youtube with english subtitles. Search for 'hjernevask documentary'. I hope you find it interesting and hopefully not too aggravating as the researchers representing the nurture part are quite an academic embarrashment.
Both interesting comments. I, like the psychological community, feel there is an element of our intelligence that is inherit. And in accordance with 81deneb81 statistics it seems that to be the case. However I am starting to think that we are comprised of two intelligence streams. One is long-term (DNA/Genetic), and the other is short-term (Individual experiences).
DNA is like a cumulative intelligence. For example, 10 generations of scientists vs. 10 generations of wrestlers. (Oversimplification)
Individual experiences is based on the shorter term aka 1 generation. In this one lifetime you are acted upon by the world around you (victim of experiences, thus fatalistic), until you reach consciousness or a state of awareness where you are unbound and free to increase your level of understanding (intelligence) exponentially.
Now I am going to sound like a mad scientist. It's the idea that everything you have learnt is added to your DNA. Based on this assumption, at the point your intelligence is highest you should have children so that their DNA includes your individual experiences and therefore will now be smarter than you were at birth.
I have no facts to support this idea, it's speculative but it is a nice, simple explanation that works in the grey area of intelligence and fits with the statistics.
''Money is not an easy resource to use productively''..........Very true.
That escalated so fast it's kind of hilarious. You completely missed Dom's message if this is your reaction. Read it again, but slowly
And which resource is easy to use productively? Money is a mean of exchange. This means you use them in exchange for anything you can make productive, be it materials, be it tools, be it workers to use the tools to transfer the materials to something useful following your vision. What is really hard is to do this competitively competently, meaning being a successful entrepreneur.
If people at large could not use money productively what use would money have for them? Even the simple thing like buying a raw food and then produce dinner for family with the tools bought means being productive with the money on some level. Everything else is just scaling it and adopting for meeting of other needs.
But the point Peterson is actually making (in between the lines) is that any resource needs sound planning and honest work in order to use it productively, even the money which many assume would solve problems on it's own.
@n0ckter Borrowing money into existence is this unfortunate new model created by central banks and has nothing to do with capitalism itself in economic terms. It's rather a privilege of the central bank to do whatever it pleases with currency.
Interest as economic category is outcome of time preference. If you have assets you can use productively over time you prefer to have those assets rather now than later as if you can use them right now, you can make more of them over time. Interest paid to the lender is compensation for lost opportunity therefore lender weighs whether he have better opportunities himself or he can rather co-exploit the opportunity of someone else who himself do not have enough assets to pursue it and they both profit in the process. Now if the ultimate lender can print his money as he pleases, it turns it on its head, but generally this principle is still valid except the central banking.
Taxation as a return of money to economy is nonsense. Taxation is simply just income for state. The money circulate through the economy by exchange. Even the lending is returning the money into economy. Inflation is a tool the central bank uses to circulate them faster, as it is increasingly costly to keep them, which is to the loss of people who need to save up for bigger investment or retirement.
Higher taxation just means it is comparatively cheaper to make something yourself that buying it as you do not pay the high taxes on it in that case. It hampers enterprise and exchange with the added costs.
@stefano ferrari America is socialism for rich people
Who defines what a productive use is?
5:15
JBP: "Not all cocaine addicts have low IQ by the way"
Audience *audible relief*
fub ababar Doctors use it to stay up
tt Morgan you’d be very surprised
He didnt have to save it...if you’re a coke addict, that’s a bad choice... fair to say they’re probably a dipshit.
@@sarahwebster8927 all drug addicts are dipshits
There's actually a positive correlation between drug use and IQ. The higher the intelligence the more likelihood of you using drugs. Though there might not be such a correletion for drug ADDICTION.
The fact that I can listen Mr. Peterson for free is amazing. Knowing English opens up a lot. Only not native English speaking people will understand me.
*Non-native
I've meditated on this many times and one thing I know for certain if I came into wealth is that I wouldn't tell anyone, not even my own family. I would safe keep it until I came up with a clear plan to put it to work for me and the people I care about in my life.
That's why leaders of tribes (Native Americans, Vikings, Saxons, for example, in years gone) were indeed leaders. The tribe recognised that everyone is not the same and that the tribe would benefit as a whole when the 'right' person was chosen as leader. They recognised that certain traits were required in a leader and it was beneficial to allow the leader a larger share of the tribe's wealth in return for being their leader. Once primogeniture became established, the success of the tribe became subject to genetic chance.
@timwins31 I agree wholeheartedly. Though the whole of my heart is very likely to be different to the whole of others' hearts. Very likely mine is bigger and therefore my agreement is worth more !
It does do that, but the question is - how well does it do it?
and then came the myth of bloodlines.
In Islam, being a leader is very Important too.
"Everyone's the same. Yeah, um they're not."
*They're
@@JorgePille yeah yeah voice to text fail
*laughter*
@@nPcDrone oh cool
@RAF XGaming oh stop trying to be different
"you can't possibly spend more than 400 million dollars" - Hold my beer...
1.) 330ft Super yacht Equnimity-Jho Low- $258 million
2.) 220 Central Park south manhattan New York penthouse Ken griffin - $230 million.....
Ummm
Mister Peterson?
You can start many businesses and build schools ...
Spend 5 minutes in Dubai.
Give me a week
Lol 2 items worth over 400mm. IQ...Low....haha
Jordan "Look, let me give you an example" Peterson
Peter "in the" charland
Can you come up with something better?
Joe Rogan’d.
@thomas mccormack That's such a great epithet: "Muppet!" First time I heard it was in "Lock, Stock, and Two Smoking Barrels." Hilarious!
Because some people can’t keep up with what he’s saying so he has to use examples to help them out or else his concept he’s trying to make flies with over their heads
Literally nothing about this was about how to use money productively.
Right?
Well, he did mention don’t buy cocaine...
watch the video again
yeah i would recommend watching this again John Hayes, maybe open your ears this time
Thanks for saving my time.
People often say money can't buy happiness.
Which is true in so many areas but you can buy the stuff that can make you happy.
The only thing is you have to control money.
Don't let money to take control over you.
You won't be happy but
But if you have enough money.
Money won't be a issue for your problem.
That means still you will have problem but money will not in one of those.
And the best thing about money is you can help others.
And nothing gives you more pleasure than helping someone.
After getting enough money now you have choices to chose a simple life or a luxury life thats your choice whatever you want. You can live however you want.
It is incredible how his watch constantly changes from left to right hand. Editing is not only to cut and paste.
“Money is not an easy resource to use productivity.” That sums up the futility of the redistribution types
Jordan is So Brilliant in His thinking. The title of the video alludes to the idea that simply giving money out to smooth out inequality is not helpful especially to people at the fringes of society. However, if we use it "productively" we may very well be able to help these people out of their personal Hells but more importantly help avoid them getting there in the first place. Society as a whole should work towards this goal and ultimately this will require the 'work' of each of it's constituents.
Just plain hyper intelligent
Sit back and LEARN people
Thanks again Dr. Peterson
Jesus, I cannot listen because the noise gate is so jarring and the clipping is causing distortion. Pls audio guy. Dont noise gate a speaker, or at least give it a longer attack.
My man put a 0.01ms attack on JP over here
I love listening to Jordan, he makes alot of sense, hello from Ireland 🇮🇪👍
Mahyar Tousi does good UK news coverage
We are all born equal, up to the point of excursion. Remember perseverance beats resistance every time. Just remember, everyone makes mistakes, If we haven't made mistakes in our life we have made nothing. It's only through our mistakes that we learn and in doing so we move forward. I wish everyone here best wishes and may we all sail the seas of ambition and land on the shores of success, Amen.
What you talk about really resonates with me Dr Peterson. And I feel as tho you're articulating my own thoughts and perspective while sharing new ones though mine seem to be in imagery rather than words in most cases. I enjoy your talking points and references. You are doing a great job and I'm truly inspired whenever I tune in with your art. The feedback is wonderful and moving and I must say sir your biblical lectures have done you well and in synchronicity of me finding a video of yours on parenting, leading me to many more videos I was almost done reading the old testament through and was even strengthened in faith as a result of your (who dare they say they believe in God) video, though you, in a way demonstrated less faith in God than I perceived myself to be blessed with, I was moved by your demonstrated view point. I almost instantly thought of a counter point that in my imagination would have completely put you on a new thought train so to speak. You're filling your space very well and then some. Keep growing toward the light brother and stay strong. Peace be with you and yours.
“Everyone’s the same”
“Yeah... they’re not. “
We are not all the same in talents or ability but we shod act as one to help each other as much as we can.
Money is a great tool to have at your disposal, but the renewing of the mind is what truly changes a person.
Therapist told me "to learn something, means to change, you as a person"
Elon Musk is a testament to why its not so bad that the cognitive elite get the most money. This man is flying spaceships to mars, flying 13,000 satelites to orbit and bringing electric cars to mass market, pioneering re-usable rockets, etc etc. God bless Elon Musk
100%
2:16 The look of the girl to the couple behind her. Just heartbreaking :( .
Priceless that someone say what MANY students realized already.
"MANY students realized already" -- It doesn't matter. The fact is that MOST people deny this, especially politicians.
internet will surpass standard politics someday, its a kind of automation
Straight facts. Brilliant man right there...
💯 🙏
Weather intelligence is inherited or not, the I.Q does not determine the level of success of an individual as far as wealth is concerned, and this is proven also by successful and wealthy individuals with a low level of intelligence and education. Dan Peña says a lot about this matter.
As regards to the difficulty of private university entrance requirements, this is just related to weather a person can afford to pay the super expensive fees or not. (with really few exceptions)
(by saying this I don't claim that every individual is the same)
whether..
Thats why my father said dont give beggers money. Give them food, water clothes. Things important for survival.
Yeah, but money also is a good give, because it lends them a little more choice, a little more dignity ... a bit more of that feeling of independence that they so sorely lack.
Tell you what, you give them food, I'll give them money. 🙂
@@gherieg.1091 And they'll buy the drugs...
I always enjoy listening to Jordan Peterson, and while I agree with his commentary in this video I actually heard the very same thing around 2004 at a national GMAC conference (Graduate Management Admissions Council, which was then the author and governor of the famous GMAT - Graduate Management Aptitude Test - for MBA admissions nationwide). Forgive me as I don't recall the specific professor's name, but an esteemed professor from Stanford - along with his graduate assistant - gave what was then considered to be a rather heretical talk that very much mirrors what Dr. Peterson says here. He talked about how MBA programs at elite schools needed to seriously analyze their "value added" attributes of their respective curricula because his study of the recruiting habits of top employers showed that they mostly used the (high) admissions standards as a basis for hiring graduating students more than grades earned or activities engaged while on campus. In essence, the high GMAT scores for the top MBA programs -- typically, 750 or higher on the 800 scale - were a measure of intelligence that companies dared not explore in their official hiring practices because such an investigation could have been deemed discriminatory. Instead, they simply piggy-backed the top schools' admissions practices. While such a practice would have been considered unseemly in the corporate world of HR, it was SOP in the world of higher academics (especially among business schools). If so, according to this prof, then what the hell were the MBA programs teaching that was of any value?... that was his main premise. But, boy oh boy, did he ruffle some feathers with that presentation and premise at that conference!
interesting point you brought up! Glad you shared this with all of us!
I agree wit mostly everything he says expect that you don't get born smart or not smart you develop knowledge through life experience and things you choose to learn
What a brilliant man, who's brilliance really shines through with his articulation.
Brilliant speech as always!!!
The value of selectivity in college admissions is that a bright student does not suffer hatred from the jealousy incurred by over-achievement.
The price tag pays for a peer group where they have the freedom to over-achieve.
From what I learned, money is potential. It's up to you how it explodes into.
2:04 Perfect delivery on that joke.
parable of talents.
Why is the video sped up?
My dad still has the best line to date about psychopathic and sociopathic tendencies....”most successful men in business have these personality traits, or else they wouldn’t be successful. Although 99.9% of psychopaths and sociopaths don’t murder people”
Actually I don't know why but this makes sense to me but I don't why🙂
I swear watching Peterson everyday after work is like getting told off by my dad that was never there. Hymmn😏
Graveyards are full of geniuses.
Gerard Jones all dying to get in
This is the second video which I have seen of Peterson, in which he talks about how people less than an IQ 83, which mostly are poor and or facing problematic issues such as addiction to substances etc. In conjunction he also makes the point on the conservative and the liberal views, but what I really want to know is what solutions would he have for it? Clearly, he must have thought of it. If anyone knows or could provide some reference material about this it would be much appreciated!
Even though disparities are growing between the top and bottom in our society the economy is still growing so the standard of living is increasing.
"A droupout will beat a genius through hard work" - Rock Lee
*1.25Speed on everything
Yes, in fair conditions.
There are many facets of personality what can make someone succesfull. A lot of people blame the educational system of their country but those systems give results. They make kids get used to working if they want to achieve something. IQ is just one side of the equasion because a lazy person with high IQ is almost as likely to fail as a low IQ person. The work has to be done no matter who you are, if you want to have succes.
I wish the audio was better
Im lucky to live in Denmark, where university is a public utility with only your HS grade point bars you from entering whatever you want, and even then there are ways to circumvent the system
Public college made me realize that big colleges are expensive because of the research they facilitate, not the students they educate.
"We don't know to efficiently move resources to the bottom end of the competence hiearchy"
Yes, we do have ways to do that. It's basic income and it enables the most people to still improve on their contribution to the world (unlike communism).
There is scientific evidence that basic income leads to lower addiction rates by the way.
Harmen bullshit
"It might be in the best interest of everyone else to dump their money into the top 2% of the strata." THANK YOU!!! I've understood this my whole life, and it's just. not. accepted by certain people. They think it's better that everyone gets a shot, blah blah blah... Sometimes, it's better for YOU to accept and give away, if you know THEY'RE better, and can bring EVERYONE into a higher place! So satisfying.
SO WHAT DOES EVERYONE THINK about universal or near universal healthcare (or at least universal in the medical and mental health side, excluding primary care and fitness + supplement industries)?
3:56 HAHAAHAhAHAHA Ask Johnny Depp... He knows how to spend 600 million dollars +
A house in California recently sold for $165 million. Pretty sure a couple of those would wipe out even the largest fortune in history, never mind making business-scale purchases.
@@tylerguitar75 But thats not considered spending. You turn one form of asset into another. The house can be resold at higher or lower price in the future depend on many factors.
It's not spending it's investing bro
@@navneetTanks no it's spending.
He's on 🔥.
One of the ways we move resources to the bottom end of the competence hierarchy is by not giving away our manufacturing and other blue collar jobs to foreign countries.
Another way could be to allow only overflow of subsidy into the hands of non-citizens.
Money just amplifies who you are. If you're generous, or an asshole, or addicted to things, money will make you more of that.
2:16 heart melt
'you can train people to be stupid, but training people to be smarter than they are is really really difficult.'
well im not sure what the real question is, but #BigWar is always the most valid answer!!
It’s back to school for moi 😻🙏
2:16 that girl is so cute
Go ask her out then
The only way you are spending your money wisely is if you are spending it on Dr. Peterson's programs
No unless you take action on the principles he gives.
This is surprising because according to JP, higher inequality the more unstable things become, yet he is generally opposed to enforcing equality... Disregard equality of outcome of course.
That effectively is the balance.
But it matters a lot less in a wealthy society with lots of opportunity as those that experience it at the bottom can be elevated far beyond their economic ability.
A factory worker in 1950s America with a below average IQ could have afforded a house, car and a good family life.
"Now, you can train people to be stupid..." LOLZ
The thing is you need to want to be right; not want to win
Serious question if it’s my money I earned it and it makes me happy can I spend it on anything I feel like?
1:36 Truth on both accounts!
My country Sweden spends 50 million SEK which about 5,704,500 dollars of taxpayer money to spend on gender studies. Thank you Socialism.
It’s not down to socialism. That’s down to the arseholes who have hijacked socialism.
The irony is that you're basically an all-white European country. What percentage of your populace is non-white? 10%?
DIVISIONINCISION what is the connection between gender studies and Racism. I think you are commenting in the wrong section.
Sweden is not a socialist country - it is predominantly capitalist with generous redistribution/government entitlement programmes. For example, there is no minimum wage, the government provides complete school-choice (i.e. they pay for privately owned school's) and they rank highly on the Economic Freedom Index. I'm anti-socialism before anyone asks, just thought I'd state that none of the Nordic countries are actually socialist.
i wonder what his take is on the "the underground man" -notes from the underground -dostoyevsky
Our best solution is probably to pre-spend the money we want them to have on the things we think they should have. Soup kitchens. Free low-medium quality shelter. Accessable healthcare. I think fairly conservatively, and think providing clean water and safety is the top priority for the world, but we are so wealthy I think we could pull off making a society where the stupid and feeble can have some dignity. It's probably to give them less money in their pockets but more programs to take advantage of.
I won't regret hearing from Mr Jordan Peterson ever. But please try to have an intelligent person put those video titles? Not at all on point.
I'm not sure I totally jive with genetic determinism when it comes to intelligence. Although maybe the way data is presented causes people to be predisposed to acquiring knowledge in a unique that gives them the advantage but there is nothing that suggests intellectual superiority at birth. My point about unique predisposition to knowledge acquisition is to say for example you see things in three and fours, somehow that pattern of seeing things might be genetic and in a world where knowledge is presented in this pattern, it is easier for people with this predisposition to acquire knowledge than say someone else who doesn't even see things in numbers but rather in shapes we don't know yet. For such a person data/knowledge or information is not distilled down in this format and as such they would lag.
One major thing I truly believe in is culture and environment and there is a HUGE difference between how learned/smart people raise their kids as opposed to how an illiterate does so.
So... Should I invest in bitcoin, or no?
This has nthing to do with money but it is always fun to hear this guy speaking
AMEN
Apparently it’s easy to get into Harvard when you know Felicity Huffman 😆
I know a meritocracy when I see it...
Great video. But....the sound is horrible...
THIS COMMENT SECTION IS AMAZING!!!!!!!
Misleading title. Let him know with the dislikes :)
2:12 - a bearded hipster takes a sip of his kombucha tea
Simon lmao
😂
While I respect the great JB, his Harvard reference is a bit flawed. Sure predetermined selection is incredibly important, but it's not the only variable.
1.The network you develop at a place like Harvard is incredible
2.the effect of being around great minds, makes you learn more by osmosis, but alsovencourages you to work and think harder
3. JP (a couple of decades ago), and peers at his level teach at Harvard. I don't think you'll get the same calibre of teaching at a state college haha
What Jordan said about the inequality of income leading to destabilization and how we don't know how to fix it, made me think of how to Lacedemonians dealt with this very problem after invading the Messenians and enslaving them. They were faced with an overwhelming population of slaves compared to their small number of citizens and worried about an impending revolt of the lower classes. So they decided that they would become a strong warrior culture (every citizen had to serve), with the Lycurgus reforms, that ruled over these slaves to enable a good life standard for its citizens. In other words, increasing security for Sparta's elite to keep the lower classes oppressed. So I'm wondering if this increase in inequality of income and the difficulties of getting out of the bottom of the socio-economic pyramid, might be related to the military industrial complex like it was for the Spartans? Or am I seeing correlation was it really just is a coincidence?
Sorry for the English, it's not my first language
Less billionaires more millionaires this would help tremendously. Please pass it on, please.
Does anyone know where I can find the "dismal literature"? I'd like to read more from people who say training is not as effective as we think... Thanks!
Maybe instead of dumping money on less fortunate people, let them earn that money through projects that benefit the community.
Project that need money to do
High IQ may not necessarily translate into monetary success.
Very true, look at Nikola Tesla. He died a dismal, broke failure.
Geniuses need to be created starting from birth. Intelligence is most influenced in your early years. Youre building mindsets in that time. The mindset is what enables all of the necessary traits for success. That is what is most clear and most able to be effected. Nurture babies and children with kindness, acceptance of new ideas, clear understanding of basic ideas, and firm boundaries that enable success. Do it.
If you have been taught all your life to have rigid thinking and all aspects of work life teaches you to have a rigid line of thinking as well, then being open minded as an adult is unfortunately very rare, trying to change your way of thinking is therefor often difficult as an adult as it require repetiveness which breaks from their usual habits, habits which they have adapted to, children on the other hand haven't lived 10-20+ years with the same habits as adults have. Stockholm syndrome is clear evidence that habits can be changed with enough encouragement (especially with stress). So don't give up on teaching older people, as humans are rather quick at adapting, though it takes time and focus.
*THE TITLE IS SO MISLED. It's a political/psychological talk about resources distribution, not money in general.*
Going to Harvard doesn't mean you are going to succeed more.
Many of the best people in the us, 27k. don't get in. Only a couple of thousands do (outliers credit) check it.
Doesn't make since, there is programs and systems that make and train youto be more smarter then others
I think I'm pretty liberal and I totally support Trans people which I think Peterson doesn't but whatever he said here makes absolute sense and I couldn't agree more.
He doesn't support the idea of trans community forcing people to address them by preferred pronouns. His country, Canada, is trying to pass laws that punish people who don't call people by their preferred pronouns.
If you live with consequential thinking, there's half your battle right there.
I felt that look the girl gives to the couple in the back... 02:15
5:35 Debunk to Welfare state socialism
Maybe I am wrong but in a private school may be a teacher will spend more time with you and is more patient.In the U.K so many children leave school who can't properly read or right or communicate hence the problem finding a job.I have worked with highly intelligent people who never got to the top.Some people are better at manipulating playing the work game and not have an opinion when it is needed.So many crawlers in this society. somebody else can sort it.I suppose that is smart if that is your personality.
We only see money as an issue, after losing sight of what has already been provided, and by whom.
Give to Caeser what is Caesar's.
In general he has a lot of good points. What he's entirely missing though is the importance of class. A lot of people who go to Harvard are there because their parents went there. A lot of people who get opportunities do so because they belong to a social network of opportunites. If you are born conscientious with a high IQ but your parents are broke without a social network chances are nearly zero you will go to an expensive private school or get in to Harvard. You might argue that if intelligence is genetical then the kids of successful smart parents are also smart which is why they're succcesful. The problem wth that theory is that people more than often do not marry within their "class". Rich men have married poor but beautiful women since the dawn of time. At one point you will end up with an oligopoly of rich families living on capital income getting opportunities but not necessarily needing to be smart. That kind of rigid capitalist society is not good for moving resources to the most productive or smartest people. That's why even a capitalist society needs to provide a level playing field also to middle-income and poor families so that those individuals who have potential to go all the way have a real shot at doing so.
I agree...and the Oligarchy is already in place....and the tax system encourages it!
I think the interviewer wanted Jordan to look at him while he was speaking lol
😂
I agree... What will America do with its black and Hispanic populations?
This reminds me of a point I derived awhile back....the power behind the United States of Gov't is a strong drug or illicit cartel economic adherence...think about that for moment, then follow the money...you'll see what I mean.
"Simulation is rebirthing the public intellectual". Discuss.
more information about our mission & ethos here Botha: www.simulationseries.com/
"it's like"
What is to work?