20 December, 2021

“Self-Made” Billionaires

One of the most egregious myths of American capitalism is that of the self-made billionaire.  There is no such thing as a self-made billionaire.  All of them came from some background of privilege, and leveraged on family wealth or connections.  It is not as if they were living in abject poverty, working at minimum wage while chasing their American dream.  We need to disabuse people of this notion, and help them understand that immense wealth must have a foundation of network and privilege.





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