Passive income is a parasitic idea. 

I don't have to do anything and I get paid? Great! That's my dream! 

No hate on passive income, but if this is all you think about, you're a parasite.

passive income is an incentive for looking for system inefficiencies 

people are driven by incentives 

nothing inherently wrong with that

fortune cookie casts, memes, parenting, building mini apps, /framedl, /framedl-pro & /calmer

Love getting lost in spreadsheets and equations, and then forgetting it all when my guitar begins to howl.

Meaningless IOUs making more meaningless IOUs. 🤌

What’s wrong with making money work for you? Isn’t that just the basic principle our financial systems generally built on?

/salty /fufu
•
moment recorder without border
•
QmRU7QqDBJGxwxT1CV4s66PBTEU1VtoKzpEpp2K21ztdJp

Everyone around me is hunting for a passive income, one way or another, a good number of them are illegal though 👀

yeah, i mean, the sooner we accept we are mostly driven by selfish reasons the better off we'll be

and i think the og caster never lived in a truly socialist state. he'd consider the hunt for passive income as one of the more noble ways to live

Driven so that i can be lazy in the future watching sunset sipping cola from my balcony, hell yea

I was waiting for that retort (last sentence). 😄 

"The system gets replaced" is IMO handwavey. People do not live in centuries or millenias, they exist (and suffer) in years, decades, a century tops. Something as complex and abstract as civilization does not get replaced efficiently within a lifetime. Capitalism, or whatever one wants to call what we have now, is not perfect. It is the best, in that it is the least worst system we have managed, for coordination at scale; and shortterm coordination, that is (imagine we end up destroying the Earth in ~50 years, nonexistant historians might have some thoughts on whether the system was best).

It serves as a convenience excuse for the parasite to continue parasitic behavior and avoid looking at their moral responsibility. It's not a pragmatic or realistic approach.

i disagree with the premise. incentives with inefficiencies decrease as more people are finding them thus lowering the motivation to look for them.

if the system is easily broken, then it's only good it gets replaced. i think it's what evolution teaches us anyway.

I think I agree with OP. It is parasitic no matter what. If everyone looked for system inefficiencies, then the system would not work.

You could argue there's a level of parasitic action that is positive in highlighting system flaws, but that level is pretty easily reached - and surpassed many times over - by the nature of incentives, indeed.

So it seems like a fair assessment to say parasitic=wrong (OP didn't say it, I am).

Yeah, massive L take from eric tbh 

Passive income is usually a result of building an extremely strong active income base.

Unless you’re landed and just inherited a pile of rental properties in a slum, but that’s fairly few people tbh

degensub

And boy do we have some inefficiencies (UK)

I dream of passive income - I’ve worked enough already, but I’m not a parasite 😅