But do note that this is a case of one rentier feeding off three renters (or one and a half if you average it over their whole lifetime). So clearly this isn't something everyone can do. It depends on some people never being permitted to do it.
Now, if the lifetime average had been less than or equal to one half of a renter pr. rentier, then it would be possible for everyone to retire as a rentier (although there remains a question of distribution between different age groups). But that's not the case in this example.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
If anyone can do so or not, it depends on luck, I guess, personal talents also, besides inheriting or other parasitic way (even though I don't find passing along my wealth necessarily immoral) and so on... we also need to define the word permitting, and assess the way the blocking happens, in order to think of a solution. Free at last! Free at last! Thank God Almighty, we are free at last! (Martin Luther King)