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> In fact I suspect much if not most of the angry reaction to it was a result of people not understanding what the term "economic inequality" means. Like "glob
by staunch 11y ago
> In fact I suspect much if not most of the angry reaction to it was a result of people not understanding what the term "economic inequality" means.
Like "global warming", the term "economic inequality" has become something people use to refer to all of the related issues. PG's essay was controversial because he used a narrow definition. He says other people are confused, but in this case, I think he is. The fact that his essay necessarily strayed outside of his own definition proves the point.
> ... and talked about how I had personally seen the effects of it in the relative scarcity of successful startup founders who grew up poor.
And yet PG has never made any effort to help founders from poor backgrounds. In fact, YC has chosen to provide the majority of their help to people from the same elite backgrounds as themselves. Literally turning away thousands of people from poor backgrounds. It truly is "the Harvard of startup accelerators".
It sure would be amazing if the most powerful person in Silicon Valley decided to help more poor people do startups. Nothing has the same potential to increase social mobility in the U.S. like thousands of new startups run by poor people solving problems they care about, like maybe helping more poor people do startups.