“Most people envy the situation and don’t see it as a disadvantage, but far too many billionaire offspring end up as miserable, druggy do- and know-nothings—as well as politically addlepated.”
Unless there is an evidence to show that the kids of “billionaires and millionaires” are more prone to bad behavior than the lower/poor classes, it is just selection bias. And plain class warfare.
Ben is absolutely correct on this
Why do you think the nobility of old had such complex rules of etiquette and what we now would call “frivolous” recreation?
Idleness leads to bad decisions. It’s not the fact of being rich per se, it’s the resources they have at their disposal and convenience of NOT having to work to keep them occupied.
Until the welfare state and socialism reared its ugly head, this was mostly something rich (or middle class) people could afford.
Selection bias doesn’t pertain here. I’m pretty sure Carson isn’t referring to an advantage over the poor, but rather over the middle.
And it is a simple observation of human nature in different situations.
Not class warfare, either.
You are absolutely correct. Class warfare and demonizing the wealthy is a tactic of progressives and communists (really the same thing).