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Rising inequality and the expansion of the welfare state have transformed "self-made" into an aspiration. Even prior to the gilded age being "self-made" was rar
by 40acres 8y ago
Rising inequality and the expansion of the welfare state have transformed "self-made" into an aspiration. Even prior to the gilded age being "self-made" was rare.. only a few people were able to pull themselves up to success. If you want to read an American self-made tale pick up "Up From Slavery".
Anyway, I grew up lower-middle class. My parents were immigrants and we came from the poorest country in the western hemisphere (Haiti) with no generational wealth. I don't consider myself 'self-made', I'd say there was a mix of luck, support from the state (rent control, FAFSA, EITC, etc.) and self directed hard work.
It sounds like to me that the author got some "generational help" and feels like they were not able to capitalize, unlike some of the other profiled in this article. And thus is taking a zero-sum view of the concept of "self-made".
Most parent's would do anything for their kids lives to end up better than theirs did. I won't have any qualms about paying my kids tuition or helping with a down payment when the time comes.