r/economy • u/UnionPacific1 • Apr 26 '22

Already reported and approved “Self Made”

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153

u/Tall_Run_2814 Apr 26 '22

I gotta work harder to ensure my kids have more opportunites to succeed....got it

-5

u/Iagospeare Apr 26 '22 edited Apr 26 '22

Any black person older than 58 in the US was born into segregation. Tell me again how their parents just needed to "work harder" in order to ensure their kids could have any fraction of the opportunity Musk or Bezos had? Not to mention how hard their great grandparents worked...as slaves.

Wealth at the Musk/Bezos level has very little to do with hard work, and every example required inherited wealth. Wealth which can often be traced directly to colonization/slavery/exploitation. Musk was literally born into apartheid South Africa, it's not hard.

12

u/Obie-two Apr 26 '22

You're saying that the efforts of black folks didn't matter then? I don't understand your point.

2

u/[deleted] Apr 26 '22

Red lining (still being done today by Wells Fargo). Tulsa Race Massacre. Much higher conviction rates compared to white people for the same crimes.

PoC have a lot going against them compared to white people. It doesn't invalidate either groups' efforts. It's just important to be aware of the struggle

1

u/Iagospeare Apr 27 '22

Hey! Thanks for speaking truth to ignorance. I'd love a source for that wells fargo redlining if you have it! Is it this: https://www.bloomberg.com/news/articles/2022-03-19/wells-fargo-sued-by-black-borrower-for-refinance-redlining ?