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The question is what interest we have when designing our laws and culture in providing opportunities to people born with fewer of them. People who can provide t
by elicash 8y ago
The question is what interest we have when designing our laws and culture in providing opportunities to people born with fewer of them. People who can provide tremendous value are being shut out because of inequality, and I want a talented person who could start a business and create tens of thousand of jobs to have that chance not just out of fairness (like you say) but because it's also good for all of us.
So yeah, people can inherit wealth but it seems obvious there is tons of opportunity to unlock a lot of potential that's being thrown away due to people being blind to the costs of income inequality.
- nostrademons 8y agoAre they actually being shut out because of laws and culture, though? Most of the instances I've heard of where talented but disadvantaged people are shut out of opportunities are actually because of implicit bias. Someone may be very good at a particular skill, but they don't "pattern match" as the type of person who would be successful, and so they get passed over by the folks who could give them opportunities. The thing is - this is self-correcting by market mechanisms. It's profitable to spend a little more time overcoming your unconscious biases and learning to evaluate candidates on their own merits, because by doing so, you can get a talented employee who others are not extending offers to, likely for less money. And then once people realize this, either they'll do it or they'll be outcompeted by people who do it, and wages will go up for disadvantaged groups. We don't need collective action or societal change, we just need more greedy bastards who want to fuck over their competition by being smarter than them. There's a market opportunity here for people willing to get over their prejudices.
- elicash 8y ago> The thing is - this is self-correcting by market mechanisms. Read the article. Clearly it is not.