C
captain steve
shit forum
- Joined
- Feb 3, 2026
- Posts
- 4,158
- Reputation
- 9,865
tagging high iq @_MVP_
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: this_feature_currently_requires_accessing_site_using_safari
BUMPPrerequisite:
Rent turns labour into survival.
Low-burn/backstop turns labour into capital.
Capital turns into shots.
Shots create convexity.
Convexity is where class mobility actually happens.
View attachment 5012130View attachment 5012131View attachment 5012132View attachment 5012133View attachment 5012134
Why social class can’t be faked
1/
People think class is school, postcode, accent, manners, clothes, holidays, or taste.
Wrong.
Those are surfaces.
The engine is deeper:
capital, risk absorption, family programming, network access, and the ability to survive mistakes.
2/
The real class question is not:
“Where did you go to school?”
It is:
What happens if you fail for 18 months?
Do you move home?
Get bailed out?
Have family legal/accounting help?
Keep preparing?
Or are you forced into the nearest wage?
That is class.
3/
In Ireland, the wealth gap is brutally visible.
CSO 2023 data: owner-occupiers had median net wealth of €391,600.
Renters had €10,200.
The top 10% of households had over €1.024m net wealth.
The bottom 10% had less than €2,400.
That is not accent. That is balance sheet.
4/
Postcode is not the engine.
Postcode is usually the receipt.
It reflects parental asset ownership, school access, peer group, commute burden, safety, quiet study space, inheritance path, and who your family already knows.
The postcode is downstream from capital.
5/
Accent and manners are not the engine either.
They are class signals.
Sutton Trust research says Received Pronunciation is used by less than 10% of the population, yet remains dominant in authority-heavy spaces like media, politics, courtrooms, civil service, and corporate life.
Accent helps reveal class. It does not create it.
6/
School is also downstream.
Elite schools matter because they package several upstream advantages at once:
money, stable home life, parental ambition, peer competition, confidence around authority, tutoring, alumni networks, and early belief that elite rooms are “normal.”
The school is a transmission belt. Not the original power source.
7/
The OECD says parental background explains over 60% of inequality of opportunity in most countries, and over 75% in some.
That is the quiet truth.
Before “merit” even starts, the board is already tilted by family structure, wealth, education, housing, health, and place.
8/
Even when people from working-class backgrounds break into elite jobs, the gap does not disappear.
LSE research on the “class ceiling” found that people from working-class backgrounds in elite occupations earned about 16% less than colleagues from privileged backgrounds.
Same room. Different backing. Different trajectory.
9/
Why?
Because the privileged person can play differently.
They can take unpaid internships.
Move city.
Wait for a better role.
Ask family contacts.
Take reputational risk.
Negotiate harder.
Avoid panic.
Recover from failure.
The poorer person often has to optimize for survival.
10/
The deepest class structure is this:
Family balance sheet → housing security → risk capacity → education access → network access → career convexity → capital accumulation → mate selection → inheritance loop.
Everything else is surface.
11/
This is why social class can’t really be faked.
You can fake the accent.
You can fake the clothes.
You can learn the manners.
You can enter the room.
But you cannot easily fake:
runway, bailout capacity, inherited networks, emotional security, compounding capital, and the right to fail without ruin.
12/
Class is not aesthetics.
Class is how much downside your family can absorb while you pursue upside.
That is the real hierarchy.
View attachment 5012140
View attachment 5012142
Scenario Ruin risk Captured convexity Median terminal wealth P99 terminal wealth Live at home / low burn / backstop 0.0% 53.7% €1.21m €4.34m Private renter / high burn / no backstop 1.6% 35.3% €318k €2.91m
The model assumes same starting wealth, same labour income, same talent, same market returns. Difference is burn rate + backstop.
Core interpretation:
Rent does not just reduce savings. It reduces optionality.
The renter loses in three ways:
- Lower monthly surplus.
- Higher chance of forced exit after shocks.
- Lower ability to wait for, prepare for, or take high-upside opportunities.
That is the class mechanism.
The reason the low-burn person’s right tail explodes is not magic investing. It is survival + surplus + repeated optionality. They stay liquid long enough to catch convex jumps.
This is exactly why “risk of ruin” matters more than average salary. Kelly-style capital growth logic is about maximizing long-run geometric growth while avoiding destructive overbetting; the original Kelly paper framed informed betting as exponential capital growth, and modern summaries emphasize the balance between growth and ruin control.
For Irish context, the rent drag is not theoretical: RTB’s Q1 2025 Rent Index put Dublin new-tenancy standardised average rent at €2,186/month, while CSO’s Q4 2025 average weekly earnings were about €1,011.88. That means Dublin rent can absorb a huge share of ordinary labour income before investing even begins.
The deeper class point is Piketty-compatible: when capital compounds faster than labour income, the person able to convert surplus into assets pulls away from the person forced to consume income just to remain housed. Harvard’s summary of Capital in the Twenty-First Century describes Piketty’s dataset across 20 countries since the eighteenth century; the r > g idea is the clean macro version of the same mechanism.
@Orka @chang cypionate @anondude @Glorious King @Foreverbrad
And just want to remind you all about forevergymcelling's thread 2 years ago that ignited all this https://looksmax.org/threads/the-social-class-pill-is-the-biggest-load-of-shit.972387
incestThanks man! And yeah I've no idea how some family lines last so long at the highest echelons of society and is it purely due to intergenerational wealth and power retention?
Marriage also reproduces class too.