Comments by "LancesArmorStriking" (@LancesArmorStriking) on "Explained with Dom"
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@hejiranyc
You must be kidding. You spelled them out yourself.
Your parents ran a successful business, to the point that they were able to retire 10 years before the average.
You stumbled through life not really trying, and still made it. In your own words, you were even exquisitely lazy.
Since you said you're in your 50s, the macroeconomic conditions when you grew up were FAR better than they are now. That's to say nothing of your parents, who likely ran their business in the tax-cut-spree 80s.
And, outside of the rooftop Koreans fiasco, you likely haven't faced societal disdain on the scale that Arabs, blacks, or Latinos have.
I think I can safely assume that your parents were never stopped and frisked, or jailed on dubious charges.
You did say you were rarely ever on the end of discrimination.
You contradicted yourself multiple times. You half-assed it through college and work, yet you figured everything out on your own.
You're not rich, yet you can travel the world extensively and- by your own admission!- are in the 1%.
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@chrispatriot
Lmao dude
No, efficiency is the right term to use.
Humans have a certain number of hours they can work per day, at full attention. If you, as a boss, try to work them harder than that, you will receive diminishing returns for each extra hour they are kept working.
Past a certain point, the costs actually become higher than just letting them go home
(in the form of reduced productivity, workplace mistakes which take more time and money to correct, reduced employee engagement, etc).
Sometimes, in the case of Japan or Korea, it gets so bad that people don't have time to do anything outside of work. So, no dating, no kids, no new working population. At a certain point the devotion to "working hard" gets so bad that it starts to destroy the same foundation that allowed it to prosper to begin with.
People don't have the money or time for raising children, so the next generation is smaller, they need to pay more to support the retiring older generation, and this shrinks the economy.
Also, I think it's funny that you think Elon Musk is the best example of efficiency. You didn't have to tell us that you're anti-academia, the Elon Musk part was enough to realize that :)
He isn't the head engineer, or the project manager at Tesla. He didn't even found the company.
Similar with SpaceX- he's not an aerospace engineer, and most of his funding came from the US government. He didn't earn those higher profits, he just got free handouts in the form of taxpayer money!
I am sure someone at Elon's companies is working to increase efficiency, but not him. He's not smart enough.
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@hejiranyc
Oh, and since your family falls into the most stereotypical line of work for Korean immigrants, of which there's a documented history:
You, unlike immigrants from Latin America whose entry was severely restricted in 1968, forcing them into low-pay, low-mobility jobs (typically agriculture), probably had an easier time getting into the US to begin with.
I also know that, despite having "no connections", you weren't the only Koreans immigrating. Far from it.
I can safely assume (though stop me if I'm wrong here) that you leaned on other Koreans for help, and vice-versa. Were probably part of an immigrant community.
There's a good chance that you got started working in produce, and were lucky enough to have help from a wholesaler.
After saving up, your parents probably bought the dry-cleaning business from the said wholesaler, or took out a bank loan.
Both of those things- not getting discriminated against and getting a loan, before the rise of credit scores- would be much less likely for another non-White ethnicity.
Again, not to dismiss your hard work- every business requires it- but it just astonishes me that you'd even question me pointing out advantages when you yourself said you were very lucky to begin with.
My larger point: the US has changed, inflation makes saving harder, and the strategy you took is not a good instruction for anyone outside your generation.
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@hejiranyc
I find it strange that you mention not needing to kill yourself to succeed, when that's precisely what American capitalism's loudest cheerleaders---
(Gary Vaynerchuk, Casey Neistat, every Silicon Valley success story, MSNBC, Forbes regularly air stories about saving up $100,000s by not eating out at all for years, etc.)
---are most proud of.
And your experience, especially as the child of business owners
(most businesses fail, and no, yours didn't succeed because your parents worked the hardest- isn't that what you said didn't need to be done?),
is very different to most of the US.
Most immigrants have to, assuming your metaphor, kill themselves to make ends meet. Ever seen people working a contracting job, or construction, or farm labor? It's not a "middle path" by any means.
I don't mean to rain on your parade, but your perspective on the economic mobility in the US is, well, given your age, not surprising but still disappointing.
Oh, and about foreigners wanting to move to the US-- doesn't reflect what it's like at all.
My parents thought life would be great here, too- but circumstances didn't line up despite hard work, and 2008 was the death blow.
It's a brilliant piece of marketing- the US has made itself synonymous with "the place where you can have a new life", and in some ways that's true. But overall, the pace of life here is much faster than in most of the world (outside of East Asia), and there's little enjoyment outside of work. The entertainment you do get is corporatized (few non-business attractions outside of parks), and the general quality of life here is... meh.
But by the time that immigrant realizes all this, it's too late. They have a job, family, and can't really leave. So the US benefits from their labor, and keeps pumping out the message: come one, come all! To ensnare new migrants.
Even younger Iraqis fall for it, do they not realize they'd be helping the country that prompted them to want to leave in the first place?
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