Dragon
Senior Member
- Sep 16, 2011
- 5,481
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Who taught you that young black men/women can't become professionals and successful economically?
That isn't what I said. Obviously, some black people are professional and well-to-do. The fact remains that most are not, and will not have the opportunity to be.
Many economic conservatives, I've found, have a hard time understanding that the following two sentences are very different in meaning:
1) Anyone can become financially successful.
2) Everyone can become financially successful.
The reality is that there are only so many "successful" slots in our economy, and getting into them is competitive. Only so many people will succeed. On an aggregate level, it doesn't matter if people stay in school, work hard, practice deferred compensation, and spend money frugally. These things matter on an individual level, but only because those who are good at them are in the minority.
If everyone in our society had a PhD, the only result would be that we would have burger-flippers, janitors, and unemployed people with advanced degrees. Something that makes me, as an individual, more competitive, cannot make everyone more competitive because that's an oxymoron; competitive means not just good but better than my competitors -- which means they have to be worse than me, or my education, ability, drive, and good business habits mean nothing.
Look at any poor person who is of at least average-range intelligence, and chances are you will find bad decisions or bad habits, as well as bad luck, making him poor. But all that really means is that these things make HIM poor, instead of SOMEONE ELSE poor. They do not create the poverty slot in the first place. The rules of the economic game do that. If we want to reduce poverty, we need to change the rules of the game.