False. You could move very quickly out of poverty by (probably) stumbling into success in an industry with very low levels of regulation. Not everyone can do

False. You could move very quickly out of poverty by (probably) stumbling into success in an industry with very low levels of regulation. Not everyone can do that. You have to realize that half of everybody has a below average IQ, and that pretty much puts the kibosh on the whole "starting a company in an industry with low levels of government regulation." How about this? Suppose we abolished all regulation tomorrow. How would that help people get out of poverty? Well, it wouldn't. How do I know that? Just look back to the 19th century, when we more or less didn't have regulation in the US. It was a terrible time to be a worker, but a great time to be a robber baron.