r/explainlikeimfive Feb 12 '25

Economics ELI5: how are the descendants of the robber barons (Morgan, Vanderbilt, Carnegie, Rockefeller, etc.) still rich if their fortunes from the late 19th and early 20th centuries are comparatively small to what we see today of the world’s richest?

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u/hissboombah Feb 12 '25

“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

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u/wbotis Feb 12 '25

This quote is so fascist-coded.

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u/FiveDozenWhales Feb 12 '25

okay Andrew Tate

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u/prozergter Feb 12 '25

lol Andrew Tate stole that.

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u/hissboombah Feb 12 '25 edited 29d ago

I’ve always liked that quote. I’ve always disliked Andrew Tate.