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I have read a bunch of stories lately about how rich people spend a lot of money giving their kids advantages through extremely expensive education. Every one of those articles, however, seems to take it at face value that these things actually help kids succeed.
The articles assume uncritically that spending $150,000 on /second grade/ is a thing that gives your child a better chance for success. I mean, why else would people do it? And these kids do end up successful!
But I've seen no indication that these things actually work. What if, instead, these people just have shit-tons of money and there's sophisticated marketing infrastructure taking advantage of that? What if it's just another status play for their ego and not about the kids at all?
Here's an alternate version:
These kids are going to be successful because they have a massive safety net, because their parents are powerful and connected, because society will never question their value, and because they're raised with deep knowledge of how wealth works.
My guess, these high-dollar kid-training interventions are like any other luxury product. They're intentionally kept scarce, and they're more about social signaling than the product itself. And having an article in the New York Times say they work is actually /great/ for them.
But actually, they're a way for a parent to signal their wealth while feeling virtuous about helping their kid. It's just luxury marketing, ego, and people desperately wanting to be convinced that their massive wealth isn't enough.
We want it to be simple: There are exclusive clubs that the rich kids get into and you're not giving your kid the best chance if you can't get your kids in.
But that's playing right into the bullshit marketing of these luxury schools.
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