Quote:
Originally Posted by GGG
That’s kind of the idea behind wealth redistribution being ethical. Luck plays a disproportionate role in creating success.
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Luck plays a role, yes. But as I said earlier, people require motivation. You level the playing field, you douse motivation.
Also, while it is indisputable that luck is a factor, it is very difficult to determine how much, and it is easy to overstate it. And I think saying it is a disproportionate role is overstating it. You have to be lucky in order to be invited to the game, but from the group that has that luck, only one succeeds.
Suggesting luck plays a disproportionate role in Bezos' success isn't reasonable, IMO. Did it matter that his parents were able to support his efforts financially? Absolutely. Most people's parents can't throw in hundreds of thousands of dollars.
However, the question needs to be asked: would he have been successful without that support? No one can say, of course. But there are lots of other sources of financing, for those that have viable business plans.