Re:Just Be Rich
by jiriknesl on Thursday April 15, 2021 @04:30AM
(#26817663)
When you are building wealth, you are likely to be young (so often healthy) and there is so much information online, libraries cost nothing. So I don't think this is a valid argument.
[ Parent
| on HN ]
Note that when you're poor your surroundings are usually also poor. So even if you are young and not yet burdened by health care costs and maybe even have free/good education you might need to drop out or at least spend a lot of your time and money to take care for your relatives.
Only when everybody you care about has a stable health/housing/food/(work) situation you get a chance to do something for yourself. Only if people around you are privileged enough to they have time to invest in you. You can start to build wealth. I don't mean with investing money. Maybe just by
- Lending you their garage - Allowing you to work without income for a few months - Taking care of your kids while you work a few times a week - etc...
TDLR: if all you and your surrounding is doing is directly aimed at surviving you cannot build wealth.
Re:Just Be Rich
by haskellandchill on Monday April 19, 2021 @05:44AM
(#26860823)
The majority here don’t understand the downward pull of poverty. Entrepreneurship could work with UBI or a similar solution where those at the bottom are allowed stakes. Currently they are not. They are exhausted working 40 hour weeks on ten dollars with no healthcare.