politics

I find it dreadful The Atlantic the supposedly "learned" and "reasonable" calls it a an accurate understanding of a rigged economy a "belief".

I just like how Piketty's "R > G" theory made manifest is now just a matter of identity politics, rather than a mathematical principle.

There are litterally laws thst prevent plebs from getting in on the ground floor of a startup. It's called "accredited investor".

Unless you can prove economically you are in The Big Club, you ain't getting in. Unless you can economically prove you're in the Little Club within The Big Club you aren't going to get the best credit, money directly from the treasury at dirt cheap sometime they pay you to takenit rates. You're locked behind an establishment of uselss scam artists and private bank middle men who only exist to profit off of inflating costs between the State and it's citizenry. You can't have cheap capital like neop babies can.

I tried to get in on a few investments. A multi millionaire can put down $5k couch cushion change on a play at the startup of a company and then make a million dollars when it goes IPO in a few years. A pleb who worked far harder for that $5k and say maybe 5-10% of their savings and net worth so if it goes bust yeah it's a loss, but you still have 90%. The pleb is denied the ability and told it is against the law solely on the fact of living in the US and the "accredited investor" rule. They say it's to protect people, but it's used as an establishment bouncer to prevent regular citizens from playing in the same game as the rich.

But you know, it's totally not rigged.