Is equal Opportunity in America a myth?

that's pretty obvious has realistic sense of economic objectivity.

money equals power.

eons ago, capital, money, assets , tangible quantifiable wealth replaced survival instincts socially viable economic qualifier of one's relative worth society since thing has survived age of hunter gatherers exclusionary aspects of isolationist tribes continue select minded individuals benefit whatever tribal benefits tribe happens have potential monopoly on.


having said that, surname, inheritance, trust fund , dumb luck continue precursors of economic success in country since exploitation of other people's greed , desperation of undereducated people via capitalism of main sources of proxy survival instinct hoarding
unlimited liquid capital amplification concerned.


1 can have aspirations of wealth or access lucrative money amplification scheme, unless on terms well-connected individual likes or investment or business ideas, categorically there remains plethora of obstacles business success if 1 decides delve business product established , has eliminated of it's serious competitors.

thing americans have @ disposal notion can climb economic ladder high before must recognize own limitations within economic system few @ bottom have chance of manipulating in favor.

people can amass more wealth need have enough wealth can gamble , take risks reasonable sums of capital in investment schemes reward savvy enough know when investment going turn sour , when remain relatively patient ebb & flow of market trends.

people not make enough risk money make more money, people left desperate enough they're forced debase dreams in exchange rationed pittance of whatever may have assumed human efforts should be, (unrealistically) compensated
in return consistent effort on part.

joseph stiglitz of new york times says indeed myth. there’s wide gap between aspiration , reality & u.s. has less equality of opportunity other advanced industrial country.

http://opinionator.blogs.nytimes.com/201...

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