From 84707f5672f2a8ca5ccd9b7fff1977b75a511d8a Mon Sep 17 00:00:00 2001 From: Deepak Jois Date: Tue, 19 Nov 2024 12:36:22 +0530 Subject: [PATCH] Obsidian Sync 2024-11-19 12:36:22 --- content/daily-notes/2024-11-19.md | 11 ++++++++++- 1 file changed, 10 insertions(+), 1 deletion(-) diff --git a/content/daily-notes/2024-11-19.md b/content/daily-notes/2024-11-19.md index 4e3bca9c..e15a2633 100644 --- a/content/daily-notes/2024-11-19.md +++ b/content/daily-notes/2024-11-19.md @@ -34,4 +34,13 @@ Only recently started following Celine Nguyen on Substack, but her essays contai #### The Stone Soup Theory of Billionaires [The Stone Soup Theory of Billionaires - by Brett Scott](https://www.asomo.co/p/the-stone-soup-theory-of-billionaires) #money #anthropology -This is a powerful counter-narrative to the prevailing gospel which worships billionaires and their achievements. \ No newline at end of file +This is a powerful counter-narrative to the prevailing gospel which worships billionaires and their achievements. I will quote the intro in full, but the whole article is worth reading. + +> In recent years there’s been a strong outbreak of the [Great Man Theory of History](https://en.wikipedia.org/wiki/Great_man_theory). This is the idea that single powerful or inspired men - literally men - create history and should be adored, or, on the flip side, reviled. Trump is obviously one of these people, but so too is Musk, Bezos, Putin, and so on. Regardless of whether they’re imagined as superheroes or supervillains, it’s assumed that the future somehow springs fully-formed out of them. +> +> When you imagine that the course of history uniquely resides in single individuals like this, you also imagine that slight shifts in their decisions affect everything for the rest of time. They’re like the star characters in a great global soap opera, but one in which nobody else has any role but to watch them, and either praise or condemn their actions. + +This same style of thinking is often applied to their wealth. The Great Man Theory of Wealth assumes that extreme riches are the result of inspired work that the person undertakes. If Bezos had not got up one morning in 1994 and had an idea for Amazon.com, we’d never have a global e-commerce platform. I mean, there are only 8.2 billion of us on the planet. Surely, the chances of a _second_ person working out that you could match buyers and sellers on the Internet is incredibly small! + +It’s always imagined that the Great Man _builds_ something. He _built_ a nation. He _built_ a company. This isn’t the full reality. Here’s what actually happens: _other people_ mostly build the thing, and the role of the Great Man is simply to be the focal point around which it’s built. To understand this, let’s turn to the parable of the Stone Soup. +