braindrain said:
It's quite abut more then a few.
There are close to 30 million small business in the US and another 23 million people are self employed.
Did all of those people start from nothing and make it in the last day? You said that new businesses start
every day. I'm happy to cut you 365 times as much slack as your claim staked out. Did all of those people start from nothing and make it in the last year?
The questions are not meant rhetorically. Consider persons A and B. A can (maybe) scrape together a couple grand in an emergency, mostly through cash advances on credit cards or a home equity loan. B has a couple hundred thousand dollars in savings.
Person A is something like 75% of American adults. Person A isn't starting any businesses, but person B might. And most importantly for this discussion, person B owns some of the means of production, while person A does not.
braindrain said:
The biggest thing keeping people from succeeding in this country are their own bad choices and unwillingness to work hard.
Give me some evidence this claim is correct. In the meantime, here's a small sampling of evidence it's not correct:
https://en.wikipedia.org/wiki/Working_time
People in the U.S., on average, work more hours per year than people in Japan. Hours in the U.S. in a working year are above the OECD average; the U.S. clusters around such affluent nations as Ireland, the Czech Republic, and Lithuania. Simultaneously, affluent countries such as Britain, Sweden, Austria, Germany, and Switzerland all have lower hours per work-year. While people in India and South Korea work harder than do Americans, it is simply false that Americans have an "unwillingness to work hard."
America Is Even Less Socially Mobile Than Economists Thought - The Atlantic
Social mobiity in the U.S. is shockingly low, especially when compared to the narrative of the American dream. As this and the previous link show, Americans are working hard (as hard as people motivated by poverty typical of Ireland or Turkey), and generally not getting ahead.
https://en.wikipedia.org/wiki/Socio-economic_mobility_in_the_United_States
America Is Even Less Socially Mobile Than Economists Thought - The Atlantic
https://www.brookings.edu/blog/soci.../27/inequality-and-social-mobility-be-afraid/
http://www.economist.com/news/unite...obile-it-was-generation-ago-mobility-measured
Social mobility in the U.S. is low; your parents' income is the biggest factor determining what your income will be. By contrast, in Denmark (where people work far fewer hours, on average), social mobility is much higher.
http://www.sciencedirect.com/science/article/pii/S0022103115000062
People in the U.S. grossly overestimate the level of social mobility in their society.
Finally, though this was not addressed to me:
braindrain said:
The only thing that separates a successful business and one that goes out of business is luck.
No one (at least not me) is making this claim. Of course intelligence and hard work are usually necessary conditions of success. The point, which you have misunderstood, is that the claim that hard work and smarts are
sufficient for success is false, despite the fact that it is often trotted out by folks on your side of the fence.