3min snip

Undertone cover image

Noah Smith

Undertone

NOTE

Promoting Self-Made Fortunes and Equality of Opportunity

The speaker advocates for a society where individuals succeed on their own merits, promoting equality of opportunity. They question the prevalence of individuals inheriting wealth instead of earning it, emphasizing the importance of hard work and talent in achieving success. The speaker laments the existence of 'billionaire types' who made their fortunes generations ago and criticizes those who inherit millions without contributing. The speaker contrasts American ideals of self-made fortunes with the reality of wealthy 'bums' who inherit wealth, calling for a fair system where hard work is rewarded. In a separate discussion on Japanese zoning policy, the speaker highlights Japan's approach of listing prohibited activities in an area, controlling nuisances like pollution and noise through a nuisance number system for each economic activity.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode