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This is only true if you consider absolute instead of expected value and cherry pick statistical outcomes. Successful business people start multiple businesses
by throwpoaster 2y ago
This is only true if you consider absolute instead of expected value and cherry pick statistical outcomes.
Successful business people start multiple businesses.
Social class and economic class are different. Few successful welders go to the opera.
- cowsandmilk 2y ago????? What does any of what you wrote have to do with social mobility statistics? They don’t measure number of businesses or opera attendance when determining movement from bottom quintile of income to top quintile.
- throwpoaster 2y agoYou're talking about economic mobility specifically in terms of income. I am not.
- coldtea 2y ago>Successful business people start multiple businesses. Which is irrelevant to the points discussed, no? Nobody claimed successful business people don't start multiple businesses. >Social class and economic class are different. Few successful welders go to the opera Social mobility in the context of this discussion is about getting better jobs and making more money. It's not about becoming an aristocrat or going to the Opera...
- throwpoaster 2y ago> Nobody claimed successful business people don't start multiple businesses. Yes they did. Statistics were cited about business failure rates, which were one-shot rates. > Social mobility in the context of this discussion… Then you are talking about economic mobility, and the data cited in support of arguments about social mobility is a category error.