I would also argue that "intellectual property" is also a major reason for wealth disparity ("intellectual property" is the wrong term, but basically it's knowl

I would also argue that "intellectual property" is also a major reason for wealth disparity ("intellectual property" is the wrong term, but basically it's knowledge that is "kept in the family" and passed down with each generation). My parents do not own land worth "obscene amounts of money" nor did I get my finances "kick started" by big allowances or inheritances. However, just having parents who: - encouraged me to take education/my future seriously - could easily help/tutor with any homework I had since both parents have graduate-level education - could answer any questions I had about life in general (investing, career, college, etc.) with quality advice rooted in experience Has helped me immensely to become self-reliant. And now that I've built up my own "intellectual property" I can pass it to my kids. A lot of black people stuck in poverty don't have those three basic things. My next door neighbors are impoverished African Americans. Single mom household; the mom dropped out of school. Her son (11) dropped out of middle school. He comes over a lot for snacks, and seems completely unconcerned about his future and the trajectory he is on (he seems to think he'll be able to just get rich using Twitch/YouTube). Very depressing to think about, but I do what I can to try to encourage/motivate him to invest in reading, school, etc.