Remix.run Logo
weinzierl 10 hours ago

Secret money is the best, but hard and rare. Celebrity without money the worst and I fully agree with you that I'd prefer to have neither.

DevX101 5 hours ago | parent | next [-]

Wealthy people are fairly anonymous to most people unless they actually got their wealth via fame (influencers, actors, entertainment talent). Without looking it up, do you have any idea who the CEO of Coca Cola is? Would you be able to spot him/her (I dont' know either) on the street? Now imagine the armies of $XM annual comp high earners in finance and they're even more anonymous.

weinzierl 5 hours ago | parent | next [-]

I don't doubt that but I'd call that hardly secret. Random people in the street are the least problematic, the ones closest are.

UltraSane 5 hours ago | parent | prev [-]

The Mars family is pretty famous for how NOT famous they are.

cjrp 10 hours ago | parent | prev | next [-]

Surely secret money comes with it's own pressures and paranoia?

weinzierl 10 hours ago | parent [-]

Should have said legal secret money. If it just sits there, grows slowly and gives you the piece of mind to have in in case of an emergency I don't see pressure and paranoia.

cjrp 9 hours ago | parent [-]

True, I think for some people it comes with pressure to help family, friends, etc. Even if nobody knows about it, that's a secret you have to keep.

zusammen 9 hours ago | parent | prev | next [-]

Secret money is hard at a certain scale. Money is property rights and people have to believe your rights exist for them to actually exist. Elon Musk is not physically strong but simply the beneficiary of forces that have convinced the world’s mindless executors of one arbitrary thing in his favor, but could have just as easily convinced them of any arbitrary thing out of his favor.

It’s better to have $5 million than to be broke. That absolutely true. But there is a level of wealth and position where you absolutely must participate in the most evil parts of society to stay where you are. The level of money that you can quietly have is not one that rich people are impressed by. There is a higher level, which you cannot have without the support of society, and the support of society is something you do not get unless you are actively participating in terrible things, either as a willful actor or, more likely in this case, a patsy who usually has no idea what’s going on.

I do wish this article had been more concrete about what those terrible things were, though. And I have no sense of where the man was truly a criminal or just way out of his depth. When people in the arts and sciences get caught up in these things, it tends to be the latter.

JKCalhoun 5 hours ago | parent | next [-]

> There is a higher level, which you cannot have without the support of society

Is that true?

I get what you are saying. In my mind it is more like: it would be nice to be wealthy, but you don't want to get wealthy enough that you show up on the radar of the world's bad actors.

dustingetz 6 hours ago | parent | prev | next [-]

paragraph 2: please be concrete, this claim is interesting but completely unsubstantiated as currently stated

mandmandam 4 hours ago | parent [-]

I don't know what reasonably substantiating such a claim would look like to you, but yeah, there's something to it.

Think of it as game theory; or think of it like simple mob dynamics. Play Wolf or Mafia, and get an idea of how powerful information asymmetry can be.

Look down stream at where our cobalt, our lithium, our chocolate comes from; what we've done to Africa and South America and indigenous people everywhere; look what Epstein did, and who with, and how media covered it; look at the history of colonialism; look at how people who spoke out against Afghanistan/Iraq/Syria/US torture/drone assinations/Israeli occupation and atrocities were and are being treated by the political and media class. Look at how climate protesters are smeared while polluters are green-washed; not sometimes, but as a matter of course. There's not many ways to explain all the above without the original claim as a large factor.

I'd recommend Chomsky, Naomi Klein, John Perkins, Sarah Kendzior and Whitney Webb if you want to learn more.

dustingetz 4 hours ago | parent [-]

i’m with you, i’ve read some chomsky, but you are speaking in absolutes. It seems historically true that most, even all wealth has come from amoral means (especially relative to today’s values) but is it absolutely true, and absolutely true today, and in the future? What if means are relative to societal values in that time? For example, I eat chicken, though I feel like I ought not to, and in 100 years I’d be surprised if that is still acceptable to do.

mandmandam 4 hours ago | parent [-]

> you are speaking in absolutes.

No I'm not. I said "there's something to it". I'm not OP, and I think OP could be understood to be speaking as "in the vast vast majority of cases" rather than an unbreakable now-and-forever rule. It's wise to interpret people in the most charitable reasonable light, generally.

> but is it absolutely true, and absolutely true today

If it's true in 99% of cases, or 100%, the difference is pretty small. Seems odd to focus on.

And we weren't discussing whether or not this would be true in a hundred years, but what the situation is now and historically. Certainly there is a potential for radical change; I would even call it necessary.

dustingetz an hour ago | parent [-]

> But there is a level of wealth and position where you ABSOLUTELY MUST participate in the most evil parts of society to stay where you are.

(emphasis added)

I’m a founder of a venture backed seed stage startup, as a missionary not mercenary founder i do not seek extraordinary wealth but my shareholders do and I have fiduciary duty as well as substantial ownership. I struggle to accept without clear demonstration that my mission’s success means I “ABSOLUTELY MUST participate in the most evil parts of society”. This is a very strong claim, I don’t think it applies to me!

sixQuarks 8 hours ago | parent | prev [-]

Not true, there are edge cases. Some billionaires have lived very frugal lives - such as the founder of dollar stores. There was also a multi billionaire who lived middle class and gave away his whole fortune towards end of life

zusammen 7 hours ago | parent [-]

Often that’s image. Warren Buffett enjoys his wealth. He’s just smart enough to know what happens to people who are seen enjoying their wealth, which is that they are despised. Plenty of rich people have one way of living when they are “in the community” and another at of living when they are around each other.

I will concede that you are technically correct, but living a normal life despite having billions is like moving to another country in middle age, not knowing anybody, and not even being able to talk about the place where you’re from. It’s a lot like witness protection, because the moment you tell people about your life before, everything will be different and worse. You can decide to dump all your rich friends to be a schoolteacher in Vermont, but you’re basically changing countries, which is something people rarely do if they have a choice.

The percentage of people who have the courage to leave their reference frame, especially when that reference frame is upper-tier wealth, is just very low.

MrMcCall 10 hours ago | parent | prev [-]

Celebrity can be used to create ripples in the ideation of the masses, however, but that's a hard row to hoe, and only a rare few have the wisdom or good intentions to know where to begin. As well, the forces that facilitate celebrity tend to promote those who fit this modern apotheosis of vapid desire.

William Gibson, as usual, summed it up perfectly in Idoru:

“[Slitscan's audience] is best visualized as a vicious, lazy, profoundly ignorant, perpetually hungry organism craving the warm god-flesh of the anointed. Personally I like to imagine something the size of a baby hippo, the color of a week-old boiled potato, that lives by itself, in the dark, in a double-wide on the outskirts of Topeka. It's covered with eyes and it sweats constantly. The sweat runs into those eyes and makes them sting. It has no mouth, Laney, no genitals, and can only express its mute extremes of murderous rage and infantile desire by changing the channels on a universal remote. Or by voting in presidential elections.”

Recent events, especially here in America, only ever prove Mr. Gibson's understanding of the widespread lowness of the human condition. But all his "prescience" is really due to his profound humanity.

moomin 8 hours ago | parent | next [-]

I watched Grace Hopper’s declassified talk recently and was struck by how often she was right on the money (not all the times, she was also way off on some things), but in a lot of things that sounded truly prescient, she was often emphasising that these things were already happening. A lot of prescience is just paying enough attention.

satori99 17 minutes ago | parent [-]

> A lot of prescience is just paying enough attention

Terry Gilliam said much the same thing when talking about making Brazil in the 1980s.

"People think I am a prophet and that Brazil described the world we’re living in now a few years ago. But we were living in that world then; people just weren’t paying attention the way they do now."

https://www.nytimes.com/2015/11/01/magazine/terry-gilliam-is...

9 hours ago | parent | prev [-]
[deleted]