| blkfish92 said: This is one of the reasons why I despise the way the world is being ran, it's based off of luck and simple assumptions, how can we go on like this, there must be a better more efficient way. |
In a functioning capitalist economy with high levels of personal and economic freedom and low levels of corruption, every individual is in control of a portion of the economy and depending on how good of a steward they're of this piece of the market will determine their outcome. Factors outside of an individual's control (like luck) can give a person substantial wealth, but if they're a poor manager of this wealth they will soon lose it; which is why so many lottery winners, athletes, entertainers, and people who receive large inheritances declare bankruptcy after receiving enough money to cover a luxurious lifestyle for a lifetime.
Or to put it another way, rational factors not luck is what the economy is based upon ... While I would agree that some of these rational factors may not be entirely fair, and more work needs to be done to improve equality of opportunity, the free market is the most efficient and fairest system we have
