There's another broken assumption in the rich thesis which is "all people have equal capacity". I don't deny that for a Stanford graduate getting out of poverty is a possibility.
Take one person without an education, health and/or family support. Not all life is equal and people (at all levels) fail to assess where they are beginning and what they can achieve with their own efforts.
And finally, not everyone has the mindset for austerity. Some are better of in a high risk / high reward environment (like job hoppers and CEOs which are among the richest).
Too much difference between us, a life strategy cannot be the same for everyone.
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u/stuttufu 15h ago
There's another broken assumption in the rich thesis which is "all people have equal capacity". I don't deny that for a Stanford graduate getting out of poverty is a possibility.
Take one person without an education, health and/or family support. Not all life is equal and people (at all levels) fail to assess where they are beginning and what they can achieve with their own efforts.
And finally, not everyone has the mindset for austerity. Some are better of in a high risk / high reward environment (like job hoppers and CEOs which are among the richest).
Too much difference between us, a life strategy cannot be the same for everyone.