4 ms·
> the harm potential by a "not-understanding rich of the poor" is much greater than a "not-understanding poor of the rich" This seems superficially true, conju
by zepto 5y ago
> the harm potential by a "not-understanding rich of the poor" is much greater than a "not-understanding poor of the rich"
This seems superficially true, conjuring up a group of callous rich people using their power to make decisions that disproportionally harm poorer people. Obviously this does actually happen.
However, it’s equally true that not understand the nature of wealth causes the poor to make less than optimal decisions, both on a micro scale, and a macro scale.
I don’t mean there is some simple path out of being poor by making better decisions, but I do mean that not understanding wealth means that poor people often can’t tell the difference between a good opportunity and a bad one or how much work it takes to find one.
It also means that poor people end up supporting political ideas that don’t make lasting a difference.
I say this as someone who grew up poor, is no longer poor, and can see now that I have had access to more people with money how much better I’d have done if I had known more about how wealth works earlier in life.