5 ms·

So everything is at it should be. People who cannot afford to risk big, should not risk big. It is a simple fact that being wealthy allows one to risk more, fin

So everything is at it should be. People who cannot afford to risk big, should not risk big. It is a simple fact that being wealthy allows one to risk more, financially. Even if you gave poor promising candidates free money with no strings attached, they would still be better of going into a stable career path with stable growth, rather than try to start a startup because of the opportunity costs. And, why should smarts and entrepreneurship be correlated, anyway?

AnIdiotOnTheNet 6y ago
It's because we like to believe we live in a meritocratic society, where the people who have wealth have earned and deserved it. There is a strong incentive for the successful to ignore all the many advantages they had in getting where they are in order to believe they 'pulled themselves up by their bootstraps' and that anyone as hard working or intelligent as they are could do the same. By convincing themselves of this, they are able to believe that they deserve everything they have and poor people deserve to be poor, and, being inherently superior, it is therefore ok to exploit their lessers. This thinking is a hallmark of prejudice. White supremist have long held that black people and other races are genetically inferior, less intelligent, lazier, more prone to violence or criminality, etc. to justify their position. I have less experience with it, but it seems the same sort of rationalization is at work with the Indian caste nonsense too. P.S. While your question seems to be meant in the objective sense of "why would one expect that intelligence and entrepreneurship are correlated?", it is apparently being interpreted as "why should society function such that entrepreneurship is a path available to anyone with enough intelligence?".