edit: forget dems v pups, black v white, democracy v communism, its all about class struggle, probably always has been. i bet those 10% can pick and choose how productive they want to be and how much spare time they have lol.
edit: forget dems v pups, black v white, democracy v communism, its all about class struggle, probably always has been. i bet those 10% can pick and choose how productive they want to be and how much spare time they have lol.
That's the foundation of Marxist theory.
In America, however, anyone can become wealthy.
The only thing you should be upset about with Marx is his prose.
The other tenet is looking at everything through the lens of class struggle. The modern incarnation of that is interpreting all of history in terms of race. Social mobility in free countries like the US shows that the class struggle theory is woefully inadequate.
Time would be better spent studying free markets, the law of supply and demand, etc.
its mostly luck, not merit ;)
Saving 20% of your income and regularly investing it is the path to decent wealth for about everyone. See "The Millionaire Next Door".
https://www.amazon.com/Millionaire-Next-Door-Surprising-Amer...
BTW, a couple years ago, I was being driven home from the car repair shop after I dropped my car off. I struck up a conversation with the driver, who turned out to be a refugee from Afghanistan. He had come to the US a year previously with nothing but the clothes on his back. He got a job, saved his money, bought a car and started a car service. He was telling me all about his plans to expand his business.
The fellow was already well on his way to becoming wealthy.
Just live frugally, dump your excess into index funds, and you'll likely be a millionaire in a decade. Yeah it's Saudi Arabia, but the price is right. And from that point one never needs to work another day in their life if they don't want, since typical returns on a million $ are more than enough to pay for cost of living in like 90% of the world.
Yet approximately 0% of people will take this advice. Why? Because the overwhelming majority of people generally prefer to seek the easiest, most popular, lowest friction choices. Options like I'm mentioning here only exist precisely because most people won't take them. But it's a sort of paradox in that there's absolutely nothing stopping them from doing so.
After 5 10 years that person will almost become part Saudi due to living in another country. And after he comes back no one will be that close, even close family members will feel something different due to the person being away/(out of physical touch) for 10 years
A word of advice: if you want to give advice, at least be realistic.
The unspoken benefit of doing things like this is that it also exposes you to endless opportunities because the expats you meet half way around the world tend to be an exceptionally interesting batch. It's certainly a path I'd recommend to absolutely anybody who's not content with the typical treadmill of life.
Just be born a single male with knowledge of Saudi, English and ability to teach and then lock yourself away for 10 years in Arab world living like a second class citizen. What the fuck am I even reading? Let me guess, for women it’s “just open an OnlyFans account”? I swear to God, the shit I read on this forum when it comes to things outside of tech.
> Saudi Arabia
I have some news for you.
I'm not saying some people shouldn't do this, but everybody can't. I (mid 40s male living in Canada) used to be a huge proponent of living beneath your means and did in fact sock away 20% of my income into investments. But the K shaped job market, real estate market, and cost of living in general has made that far harder to do today. I had a dirt cheap apartment in downtown Toronto ~2004-2007 before I bought a place, managed to have a fun youth AND save by simply not participating in lifestyle creep (the number of young people I knew that blew money on fancy German cars and other bling as tech salaries started to grow still makes me shake my head).
But that same apartment I rented for $700/month is now $2500 and requires a letter of employment (read they only will rent to professionals) to apply for.