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View Poll Results: What caused the wealth gap
History 17 53.13%
Current day reasons 15 46.88%
Voters: 32. You may not vote on this poll

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Old 08-01-2018, 12:15 PM
 
2,417 posts, read 1,448,686 times
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Quote:
Originally Posted by Rocko20 View Post
You don’t like facts, it’s ok. In every 1st world developed country the majority has more wealth

You’ll get over it.
Really? You're making things up now. Why does it matter if it's "First" World, "Second" World, or whatever? Shouldn't the majority rule in everything? You're making things up as you go along, yet when I tell you to bring in the numbers, you're silent. Give me resources, give me data.
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Old 08-01-2018, 12:17 PM
 
Location: My House
34,938 posts, read 36,258,444 times
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I think it is history and current issues.

And, yes... the average black person has far less than the average white one.
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Old 08-01-2018, 12:19 PM
 
Location: Honolulu, HI
24,632 posts, read 9,458,962 times
Reputation: 22974
Quote:
Originally Posted by miu View Post
I blame the current macho ghetto culture mindset for holding back the poor in the black community.
Toxic culture and single parent households. That is the Achilles heal for my black community.
Uncle Sam will pay you to be a single mother and instead of using this as an emergency, we turned it into a way if life. 70%+ of Black babies are born out of wedlock

The black family nucleus is in chaos right now.
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Old 08-01-2018, 12:20 PM
 
Location: USA
18,495 posts, read 9,161,666 times
Reputation: 8528
Three things caused the wealth gap:

1) Slavery
2) Slavery
3) Slavery
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Old 08-01-2018, 12:20 PM
 
Location: Top of the South, NZ
22,216 posts, read 21,676,363 times
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Quote:
Originally Posted by Rocko20 View Post
Why do white majority demographics have more wealth than black minority demographics in 1st world countries? Dude you really need to pick up a sociology book.
Why do white jewish minorities have more wealth than white non jewish majorities in first world countries? - will the sociology book provide the same answer?
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Old 08-01-2018, 12:21 PM
 
Location: Honolulu, HI
24,632 posts, read 9,458,962 times
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Quote:
Originally Posted by Heavenese View Post
Really? You're making things up now. Why does it matter if it's "First" World, "Second" World, or whatever? Shouldn't the majority rule in everything? You're making things up as you go along, yet when I tell you to bring in the numbers, you're silent. Give me resources, give me data.
1st world matters because that’s the highest standard of living

No black person wants to move to South Africa or Brazil.
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Old 08-01-2018, 12:22 PM
 
Location: Suburb of Chicago
31,848 posts, read 17,610,392 times
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Quote:
Originally Posted by Joe90 View Post
Wouldn't think their would be any - which begs the question, of why is that?

Stating the obvious, is never as interesting as asking why the obvious, is obvious.
There are multiple reasons for this - but none of us are experts.

One is the disparity in the achieved level of education. Another is if they come from a long line of people who had no money, they have nobody to help guide them with regard to salary negotiation, saving, investing, spending, etc. No financial guidance whatsoever. That's one of the reasons so many athletes make millions and die broke.

Negotiation and knowing your worth where your job is concerned is a huge reason, in my opinion. It's also the reason women don't make as much as men. If an employer can save money, they will. It's not right, but that's the reality. Women and blacks have historically taken what they can get because it may be more than they've ever been paid before - even if it's only 2/3's what a white male is making to do the same job. There are white males who aren't good at this either, but white males coming out of a household with a parent in the business world or a college-educated parent seem to do better with this, in my experience.

I know people who grew up watching their parents spend everything they made (because they didn't make much) and their attitude as adults is that money is all about outflow. No saving, no investing.

Older blacks were screwed with higher interest rates or higher rents.

There are a lot of reasons. Heavenese will tell you it started with slavery. Personally, I don't buy it.
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Old 08-01-2018, 12:22 PM
 
Location: Honolulu, HI
24,632 posts, read 9,458,962 times
Reputation: 22974
Quote:
Originally Posted by Joe90 View Post
Why do white jewish minorities have more wealth than white non jewish majorities in first world countries? - will the sociology book provide the same answer?
This thread is not about white Jews.
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Old 08-01-2018, 12:22 PM
 
Location: Here and now.
11,904 posts, read 5,587,643 times
Reputation: 12963
Quote:
Originally Posted by Rocko20 View Post
Any theories? Yeah it’s called common sense.

13% of the population won’t have more wealth than 77% of the population.

Sorry for the shocking information that blacks, Asians, and Hispanics, don’t have more wealth than whites in a white country.

Surely you can stomach such alarming information. Gasp! Even in other countries there is wealth inequality between blacks and whites. Imagine that!
I'm not sure why you keep speaking as if the question was about the total wealth owned by blacks and whites, as opposed to the average per household. Are you deliberately misunderstanding the question?

As to the OP, I don't think that history and current circumstances are so easily divorced from one another, so I didn't reply to the poll. It seems like an over-simplification to me.
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Old 08-01-2018, 12:25 PM
 
Location: Top of the South, NZ
22,216 posts, read 21,676,363 times
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Quote:
Originally Posted by Rocko20 View Post
This thread is not about white Jews.
So minority status isn't relevant now?
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