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by capital_omega
5833 days ago
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This is an entirely different country from what it was in the 19th century. Although early industrial America was brutal in a lot of ways that our society isn't, it was possible to "work your way up" then. Now it's not. The work environment in 1900 had a one-tier society-- with extreme inequality and brutality within that tier, but it was still only one tier. Line workers could become foremen who could become managers who could become executives. Now we have multiple tiers and it's nearly impossible to jump from one to another. The people who are running large companies today never worked "regular jobs"-- except during high school and college, maybe, where it doesn't count because career and lifestyle are not on the line-- they went into business school and, although they became "only" middle managers after that, they started on the inside track. |
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My family does the exact same thing, except a bit faster. My sister already went to college. My relatives are business owners of nail shops. Granted it's a only a single anecdotal point.
Beside, startups founders plunge automatically to "poverty" level just so they can start their own business and then rise to millionaire status or more if they's successful.