Define nothing. And then Define wealthy. Then we’ll talk. Bill Gates did not build from nothing. Jeff Bezos did not start from nothing. Elon Musk did not start from nothing. Harlan Crow did not start from nothing. The Koch brothers did not start from nothing. The Mercers did not start from nothing. Peter Thiel did not start from nothing. Mitt Romney did not start from nothing.
A ton of people who pretend to start from nothing. Started out with more access and resources than many people could imagine. More than many people will ever see personally in their lifetime.
No one making minimum wage in the United States can afford their rent anywhere in the United states. Millennials and younger are struggling to even buy homes or be financially secure. Most Americans are a single emergency medical or otherwise from being bankrupt. It’s the biggest indicator of your future wealth and success is who you were born to.
The reason you don’t understand why this is so complicated for people. Is because you don’t understand the basic supposition being made. Most people don’t and that’s the problem. The fact that most people use the phrase “pull themselves up by their bootstraps” out of context and unironically should be a massive indicator of how uneducated people are on the subject. But everyone is capable of understanding if they want to. Please do some reading on the subject. Even a small amount. It won’t take much to help get you up to speed.
I expected you to be a pro-capitalist shill but then you pull out this. Bravo. I misjudged you. Going back to where you said you support capitalism, I think your idea of capitalism is just outside the bullseye. Like you obviously understand a lot, I don’t need to explain much to you. I think your inaccuracy comes from linking currency with capitalism, which a lot of people do. They’re not the same thing. Keeping in mind I’m going to keep things in the most basic terms, capitalism, socialism, communism, are all different forms of distributive justice. Capitalism says, whomever contributes the most capital to an endeavor deserves the most distribution, labour is just a cost. Socialism says, whomever contributes labour deserves the most distribution, and communism says everyone deserves equal distribution regardless of labour and capital. You’re really close to the bullseye though, so close I’m not sure my comment is even worthwhile.
Define nothing. And then Define wealthy. Then we’ll talk. Bill Gates did not build from nothing. Jeff Bezos did not start from nothing. Elon Musk did not start from nothing. Harlan Crow did not start from nothing. The Koch brothers did not start from nothing. The Mercers did not start from nothing. Peter Thiel did not start from nothing. Mitt Romney did not start from nothing.
A ton of people who pretend to start from nothing. Started out with more access and resources than many people could imagine. More than many people will ever see personally in their lifetime.
No one making minimum wage in the United States can afford their rent anywhere in the United states. Millennials and younger are struggling to even buy homes or be financially secure. Most Americans are a single emergency medical or otherwise from being bankrupt. It’s the biggest indicator of your future wealth and success is who you were born to.
The reason you don’t understand why this is so complicated for people. Is because you don’t understand the basic supposition being made. Most people don’t and that’s the problem. The fact that most people use the phrase “pull themselves up by their bootstraps” out of context and unironically should be a massive indicator of how uneducated people are on the subject. But everyone is capable of understanding if they want to. Please do some reading on the subject. Even a small amount. It won’t take much to help get you up to speed.
https://cew.georgetown.edu/cew-reports/schooled2lose/
https://www.cnbc.com/2021/07/14/full-time-minimum-wage-workers-cant-afford-rent-anywhere-in-the-us.html
https://www.businessinsider.com/millennials-house-home-real-estate-mortgage-rates-rent-debt-boomers-2022-9
https://www.norc.org/research/library/most-working-americans-would-face-economic-hardship-if-they-miss.html
I expected you to be a pro-capitalist shill but then you pull out this. Bravo. I misjudged you. Going back to where you said you support capitalism, I think your idea of capitalism is just outside the bullseye. Like you obviously understand a lot, I don’t need to explain much to you. I think your inaccuracy comes from linking currency with capitalism, which a lot of people do. They’re not the same thing. Keeping in mind I’m going to keep things in the most basic terms, capitalism, socialism, communism, are all different forms of distributive justice. Capitalism says, whomever contributes the most capital to an endeavor deserves the most distribution, labour is just a cost. Socialism says, whomever contributes labour deserves the most distribution, and communism says everyone deserves equal distribution regardless of labour and capital. You’re really close to the bullseye though, so close I’m not sure my comment is even worthwhile.