Black Wall Street

Untold U.S. History-The Tulsa Race Massacre

Black Wall Street

Black Wall Street

Untold U.S. History-The Tulsa Race Massacre

Image Source — https://publicdomainreview.org/ Sifting through the ruins of Greenwood’s Gurley Hotel, a photograph by Reverend Jacob H. Hooker, a survivor of the massacre, whose photography studio was burned down and never rebuilt Date 1921-Image is in The Public Domain

We don’t all have the same starting point in the race for financial success. Some folk who are geniuses are born into families with the means to let them put their ideas to the test, while others are born into situations where their only job opportunity is to work a job that just allows them to subsist.

“I am, somehow, less interested in the weight and convolutions of Einstein’s brain than in the near certainty that people of equal talent have lived and died in cotton fields and sweatshops”.-Stephen Jay Gould

There is just as much of a certainty surrounding the effects of generational poverty as there is generational wealth.

A simple example is to think about a scenario where two kids of equal intelligence and ambition both decide to attend college. One is born into wealth with the connections that come along with that, and the other into poverty.

The one with connections is way more likely to get accepted into a better college and won’t have the burdens of student loan debt hanging over them at graduation, and for years to come.

These two factors alone give the wealthy kid a much better life trajectory financially, and these are two factors that have nothing to do with their own merit, just the random luck of being born into a wealthy family.