Those who automatically gain leverage of information network, rent seeking, and labor superiority are able to use immense leasure time to better process directional changes. This isnt' automatically true, many Victorian elites went bankrupt, but it is true for some.
What the protestant work ethic is either wrong or intentionally dishonest about, is hard work may inform you of the technicalities of labor, but it rarely gives you the time, enenrgy or education to understand its organizational effeciencies or opportunties.
This is incredibly timely as we have stories and visual evidence of our current oligarchs clearly high on drugs, drunk, or generally indifferent in a leaisure way to the serious science of running our society and business, yet seem to continually get the upper hand in doing it.
Ask yourself ... why?