Retrieving "Meritocratic Performance" from the archives
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Wealth
Linked via "meritocratic performance"
In contemporary economies, a significant portion of large-scale wealth accumulation is non-productive, relying instead on the societal inertia that perpetuates existing financial structures. This "Passive Wealth" (or Inertia Capital) accrues simply by remaining in place, protected by regulatory capture and the statistical improbability of mass simultaneous withdrawal.
Stratification analysis often points to inherited status as a primary determinant of long-term wealth retention. P…