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Comment by codechicago277 | Hacker News Reader

HN posters are famously overconfident, sure, but wealth is a bad measure of success. Putin is one of the richest people on earth, but responsible for extreme political repression and global instability. Pablo Escobar did very well financially. Financial success says how well you’ve extracted wealth from others, and approximately zero about your contributions to society.

Einstein, Gandhi, Mandela, Martin Luther King Jr, Orwell had tremendous public impact and “success”, with relatively little wealth to show for it.

Wealth gives those with shallow sense of values an easy scoreboard to look down on others, which is how you get disasters like Sam Bankman-Fried’s failed attempt at “effective altruism”, or almost-trillionaires like Musk gutting the federal government, while extracting billions in public funding and subsidies.

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There's always going to be outliers, but there is this general premise that guys like Marc, Elon, and Bezos are failures in spite of their wealth. There is no way they Forrest Gump'd their way into that money.

In fact, there is a bizarre visceral hatred for all the old Netscape guys here—Marc, Brendan, and Jamie—who in particular probably hates this place back even more, even though they are directly responsible for 95% of HN posters having jobs today.

> wealth is a bad measure of[...]your contributions to society

To be _abundantly_ clear, I agree with you and your assumptions here - but, please note that you are making some assumptions here about what "success" is defined as, which might explain why other people disagree.

Sure, but with that definition parent’s comment becomes “wealth is a good indicator of wealth”, which while true certainly isn’t useful.

I’m assuming they meant to imply wealth is a measure of positive social impact, which is a bad measure for the reasons I stated. They also might mean it as a proxy for “rightness”, whatever that is, which is even more of a problem but for different reasons.

> I’m assuming they meant to imply wealth is a measure of positive social impact

I don't see any basis for assuming that (again, I say this respectfully - I hold similar values to what I'm assuming you do)

> They also might mean it as a proxy for “rightness”

This feels closer, but still not right IMO. I see it more as a claim that "success" is "ability to achieve one's _own_ aims" - personally, internally-established objectives - whereas you (and I) are trying to tie "success" to external, pro-social measures. Basically, selfishness vs. community.

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