The key to controlling, liberating, and accumulating real wealth is financial knowledge.
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masterinvestor (masterinvestor@mastodon.social)'s status on Wednesday, 11-Jun-2025 23:58:43 JST
masterinvestor
- Mr. Bill repeated this.
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𝗖 𝗔 𝗧 (radical_egocom@mastodon.social)'s status on Wednesday, 11-Jun-2025 23:58:41 JST
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Even though capitalism provides opportunities to become rich, systemic structural barriers (that require money to get over) and unequal access to resources means that many people who are born into poverty will likely stay impoverished for the rest of their lives
TL;DR: #Capitalism sucks.
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𝗖 𝗔 𝗧 (radical_egocom@mastodon.social)'s status on Thursday, 12-Jun-2025 18:19:12 JST
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Everyone has access to the same information via the internet, but higher education is not avaliable to everyone. Higher education costs lots of money, which poor people don't have at their disposal like rich people do, making it so that mostly rich people are able to get the higher education required to get high paying jobs. 1/2
/home/leandroramos repeated this. -
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𝗖 𝗔 𝗧 (radical_egocom@mastodon.social)'s status on Thursday, 12-Jun-2025 18:19:12 JST
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Theoretically, #capitalism allows anyone to become wealthy, but in reality only those with the most money, connections with powerful people, and free time to pursue the goal of becoming more rich (all things that poor people who have to work long hours or several jobs just to survive don't have) are able to become rich. 2/2
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masterinvestor (masterinvestor@mastodon.social)'s status on Thursday, 12-Jun-2025 18:19:13 JST
masterinvestor
@Radical_EgoCom in the Information Age we all have access to the same data and resources. Before 1989 only the kings, queens, and those who were born into wealth had the data and tools. It is not capitalism’s fault that causes or hinders anyone’s possibility to achieve wealth. It is the individual itself that hinders due to lack of financial education. Capitalism doesn’t ever put barriers not even before the Information Age. Capitalism allows anyone to obtain wealth by being generous. #wealth