You seriously misunderstand how little money people at the bottom actually have, and how little access to the kind of credit you'd need to start a business. Like, saving for a car when their old one breaks down will probably take some people months or years. Saving to buy shares????
> That’s what "They" did.
A minuscule handful of them, if even that. For every Jack Ma there's a thousand Mark Zuckerbergs or Bill Gatess who were born with a silver spoon and will die with a silver spoon, as will 3 generations of their children at the very least. The descendants of the people who laid the railroad tracks, the large slave plantations, all of these people are the vast majority of the top. Even people like Elon Musk are still coming from a background of pretty high privilege. The people who were born in the bottom 50% that you have ever heard of (outside show-business) can probably be counted on at most a few people's hands.
Plus, an economy can't run on business founders alone. It requires workers that actually, you know, do the work, and who are willing to be paid for a less than that work is worth (you know, 'profit').
If anyone is living in an echo chamber, I assure you it is not the 99%. It's the smug 1% hoarding wealth and justifying it to themselves by thinking 'anyone could do this if they were as smart/hard working/enlightened as me!' while forgetting the luck and connections and old money that got them where they are.
Sure, you can't succeed if you don't try. But you also can't succeed if you don't have anything to eat, and for the vast, vast majority of people, trying is likely to make that a real problem.
I also believe that it is our duty as society to make sure everyone can have a decent life even when not granted the same privileges others get for free.
Assuming everyone can put in the hard work and make it, you imply that everyone has or can learn "quickly" a markeatable skill, including the business acumen, the available free time and the mental/physical health required to succeed.
But the real issue is that even if everyone was able to try to get rich starting on an equally levelled field, our economic system can't allow everyone to succeed. We need poorer people to do employed jobs in order for their value produced in "excess" to be sent to shareholders and CEOs.
It just seems madness to me to have this global competition where the poor race against each other in order to be allowed to become one of the rich. We can do way better than this.
Competition is great, but at all levels.
Wealth creation is not zero-sum. Read PG's essay: http://paulgraham.com/wealth.html
Also some investment books: "A Random Walk Down Wall Street" "Rich Dad Poor Dad" "The Millionaire Next Door" https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_...
Have fun learning!
Not happy with 1 share? Save more, buy more.
Want cheaper shares? Found your own company and you’ll have infinite shares for free. You’ll have to make it successful afterwards, though, to raise each share's value up from 0. That’s what "They" did.