> Is this really correct? Do you think that a trust fund baby would not become more productive if they lost their trust fund and needed to find a job? Do you really believe that exactly zero rich people choose not to work because they don't have to?
He was arguing under your premise that passive income equalled productivity. If you now suggest that they would be more productive without their money, why should "having money" be rewarded like it is? An automated machine doing a job gives money to the person owning the machine, who does exactly as much work as the unemployed person who lost their job to that machine.
He was arguing under your premise that passive income equalled productivity. If you now suggest that they would be more productive without their money, why should "having money" be rewarded like it is? An automated machine doing a job gives money to the person owning the machine, who does exactly as much work as the unemployed person who lost their job to that machine.