top | item 40550187

(no title)

pmorici | 1 year ago

The notion that rich people aren’t concerned with long term outcomes seems like one of those things that isn’t true. In fact the reverse is often said the poor have, “nothing to lose”. Many wealthy people have gotten where they are by focusing on the longer term. The promise of your comment just doesn’t seem true.

discuss

order

nostrademons|1 year ago

I largely agree with you, but there's a kernel of truth in the OP's comment. Many of the very rich got to be very rich because they are very good at optimizing for money. They understand economics, business, and the financial system extremely well. And that's a weakness in a post-collapse world because it is very likely that money will be worthless and we won't have much of a financial system to speak of. They probably also pissed a lot of people off on the way up, or simply by virtue of being filthy stinking rich. And that sort of wealth is hard to hide, painting a target on them for millions of people.

The folks who will do the best in a collapse scenario are likely the next social class down; the folks who perhaps sold a company for 8-figures (but not billions), or are in reasonably high-level managerial positions for 7-figure annual salaries. This class is pretty heavily networked and also knows how to work together. It's held together by social bonds of trust, geographic proximity, and mutual interest as much as by money. So when money goes away, those bonds remain, and you have a class of people who are long-term oriented, highly-skilled, but also communicate and cooperate with others. They are also relatively invisible (could you name a bunch of directors at major corporations, or solopreneurs with successful bootstrapped businesses?), so they can blend in and avoid becoming a target until defense systems can be established.

WalterBright|1 year ago

After WW2 in Germany, society had a total collapse. At one point, the occupying Allies decided to "zero out" the existing Mark (German dollar) and replace it with a new Mark. To bootstrap the economy, everyone was issued 50 Marks.

Within two weeks, the folks who had had money before the war had money again, and the people who had no money before the war had no money again.

Unsurprisingly, the people who knew how to make money made money, and those that didn't, didn't.

It's really sad that the American public school system does not teach how to make money.

atleastoptimal|1 year ago

My argument is based on the revealed internal memos from Exxon regarding their awareness of CO2 and its effect on climate change, the number of world leaders who have been revealed to have aggressively pursued strike-first policies for nuclear war, anyone involved in environmental degradation, pollution, dumping chemicals into water supply, etc. All horrible long-term and even short term policies for the masses but provide short term profit to a class insulated from the worst effects. Of course it's not all rich people but there are enough of them with disproportionate influence that their influence is a sizable negative factor on overall human welfare.

roenxi|1 year ago

On the topic, stupid people in the military are a much greater threat. Groupthink in a strategic command force for example, or any similar mob psychology, could be catastrophic.

bitmasher9|1 year ago

Neither party has provided empirical data, so it’s hard to say if I should agree with parent comment or grand-parent comment.

I think it’s likely that a third variable like stress level, political affiliation, or time spent outside more greatly correlates with long term environmental concern. Both of your pure-theory discussions don’t feel convincing.