So I wrote this up. It's about access to capital and financial education. Can you guys tell me if I am making sense and if there's a hole to my understanding? entrepreneur how earn by blogging blog

So this kind of goes into my thoughts on income inequality, poverty reduction, and entrepreneurship

I believe that a big problem within our society comes from lack of access to capital and a lack of financial education. If we are to continue living in a capitalistic leaning form of government and economy, it is important for people to think in terms of the currently ongoing system of capital organization, which is a way to say the current business environment/economy. Who owns the rights to what productive form of capital-- including the person itself who is a form of human capital? Because our system legally entitles through contracts the right to returns from capital to go to someone... you? Me? Your boss? Your parents? So if we live in that kind of legal environment, who owns the rights to overall returns from capital in this country or in the world overall? A lot of capital is legally kept in the business entities of very wealthy people mostly because of their difference in education AND easier access to capital. If you knew how to start a business, you therefore have rights to your personal human capital and the productive capital your business entity(s) buy.

The same goes for housing and workplaces. If you don't own, then you give up the returns from capital of owning a place to live and a place to work.

Therefore access to capital is crucial. If access is more difficult, we're just waiting on people who have capital to "help us out" by waiting for them to give us jobs. I'm not saying any of this is easy, but access to capital and education of sound financial principles are highly necessary for a functioning society. Most people are paid wages by businesses anyway right? Large nonprofits have financial personnel right? So how do we as a collective increase access to capital and financial education?

submitted by /u/Smash55
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