"And the typical size of an inheritance these days? It's just around $55,000."

And yet Republicans made it tax free into the millions of dollars.

Who does that help?

Republicans must disagree with the reasons the Founding Fathers said that we should tax the wealthy.

I mean, it's kinda obvious they support an aristocracy, when they want the Trump bloodline to rule for the next 40 years.

"According to Statista.com, 60.08% of billionaires are self made."

What percentage of poor people inherit poverty vs. self-made?

"The most successful people are not the most talented, just the luckiest, a new computer model of wealth creation confirms."

Most successful people will you they did two things to be successful:
1. Worked Hard.
2. Got Lucky.

Some of them are insightful enough to tally things like "born white" and "born male" and "born in a first world country" in the Lucky column.

Would Tom Brady be Tom Brady if Drew Bledsoe didn't go down with an injury?

Probably not. He probably would have retired as a clipboard holder years ago.

"How do you measure "talent or ability"?

They don't measure it.
They assign in randomly in a normal distribution.
Then they measure the impact of talent vs the impact of chance (lucky or unlucky) on individual wealth accumulation over a 40 year career.

They're baiting you into understanding that talent is not the primary divider of rich vs poor, Eberly.
Or perhaps they're baiting you into saying talent is not normally distributed throughout the human race.

Because once you say those things, the notion that the economy is a meritocracy goes out the window.
The realty then becomes that some people just have a lot more merit than others.
And then you notice that white people have a whole lot more merit than black people.
And then you notice that men have a whole lot more merit than women.
And then you're racist and sexist.

Republicans typically believe the meritocracy part, but can't explain why blacks have so little merit compared to whites -- but also don't think it's American's history of racism that explains why it's like that.

"Family has a much greater role than "got lucky"

Did you choose your family? I'd argue that's luck -- or lack thereof!

"Having parents that can afford football camps, training sessions and the tuition and expenses at Michigan helps."

One of the reasons Lewis Hamilton is Lewis Hamilton is because he hit the good parent lottery:

Hamilton's father bought him a radio-controlled car when he was five.[15] Hamilton finished second in the national BRCA championship the following year against adult competition.[16] Being the only black child racing at his club, Hamilton was subjected to racist abuse.[15][17] Hamilton's father bought him a go-kart for Christmas when he was six and promised to support his racing career as long as he worked hard at school.[18] To support his son, Hamilton's father took redundancy from his position as an IT manager and became a contractor, sometimes working up to four jobs at a time including employment as a double glazing salesman, dishwasher, and putting up signs for estate agents,[19] while still attending his son's races.[20] Hamilton's father later set up his own IT company.[21] He continued to be Hamilton's manager until early 2010.[22][23]
--wikipedia

"What percentage of poor people inherit poverty vs. self-made?"
Do you mean to ask how many people were conditioned to accept poverty as a reasonable option?
#41 | POSTED BY MADBOMBER

Nope, I meant to ask how many poor people inherit poverty.

Right now I'm working at an office of a trade association my company uses to leverage our state government to help our industry all it can.
I guess what I'm asking you Corky is that do you even understand what crony capitalism is? Or is it just your term for anybody who has been successful in the private sector with some friendly and cooperative relationship with government?
#48 | POSTED BY EBERLY

^
Eberly is here to point out that Crony Capitalism is also the same thing as Capitalism.
Well, he's right.
There's nothing in the tenets of Capitalism that says it can't thrive with a corrupt government.

"What's "crony" about it?"

What's a true example of crony capitalism then?

Barring your true example of crony capitalism, the answer has to be yes, crony capitalism is the same thing as capitailsm.
but if giving actual example of the right-wing talking points you recite is above your pay grade, that's fine too!

While you're at it, ask someone in a Che T-shirt for the differences between Soviet Communism and Communism.
Because that guy is you, just in a different uniform, playing for the other team.