Comments by "Joe Swanson" (@joeswanson733) on "Why meritocracy is a LIE... (it's way worse than people realize)" video.

first gen makes the money, second gen maintains the money, third gen starts spending the money, 4th gen just splurges. we'll use bill gates for example since he is the one taht made the fortune. even though he grew up in a upper upper middle class family. so he's gen 1. his kids are gen 2 and they seem like they're smart or well educated because well how could you not be. so the rreal test would be what will happen to the gates third and 4th generation or beyond. i mean we have the rockefeller family where they have broken the rule of past 4th gen where the descendants of john d are still doing ok but that's only because their family trust was so huge that there's just no way for any of the John D to really end up destitute unless they became drug addicts or something.
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