Comment by joe_mamba
14 hours ago
>It's up to individuals to take advantage of the opportunity, or not.
The problem is that after decades monopolies consolidated and you have massive offshoring of labor to cheap countries and offshoring of profits to tax havens, there's not much opportunities the working class individuals can take, as all the opportunities are now geared towards the asset owning rent seeking class.
There are endless businesses you can start with little to no capital.
> There are endless businesses you can start with little to no capital.
Well, that's good news. I guess the cause of poverty must simply be laziness.
That's convenient, because it allows me to demonize the lower economic classes without having to address the systemic inequality that rewards capital ownership over labor.
My dad told me I wasn't afraid at all of hard work. I had no problem lying down next to it and going to sleep.
Value is created by some combination of 1) working 2) taking risks.
Entertaining as it is, participating on HackerNews is not a path to making money.
Like what? Will they be profitable?
I started my own software business with no capital.
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If you count being a Doordash or Uber eats self employed sole proprietorship as "endless business opportunities", then yeah you could be right.
I had a paper route as a boy. It was definitely a business, as I contracted with the newspaper publisher for it. I bought the papers from the publisher, delivered them, and collected money from the customers. How much money I made was a function of how many customers I could sign up for delivery. I made enough to buy a car.
Real estate agents operate in much the same way.
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