Huh. It's almost like these bigotries are structural, embedded throughout the system and making it much harder for anyone subject to them to get into the "owner class"...
Begging you to stop holding onto your thought experiment and look at the actual data. There’s a lot of it. There’s literally an academic consensus on the question. They’re not all wrong because it never occurred to them to apply an arbitrage argument.
It doesn't "only take one person" to try something like that. It takes one person who is already part of the capital class—ie, someone who is already wealthy, a category correlated, if somewhat loosely, with the exact bigotries listed here. It takes someone who has, statistically speaking, made their money by being ruthless about it deciding they want to take a huge risk with it rather than do the sure thing (hire from the privileged classes). It also takes them having an idea for an actual business that's not merely viable, but highly lucrative. It also takes enough people in the marginalized classes who are within the target industry, who actually hear about the business, who are looking for a job, who are qualified, who can prove to the hirers' satisfaction that they are qualified.
This is not an exhaustive list.
You are oversimplifying in service of justifying an irrational ideology.
> It also takes enough people in the marginalized classes who are within the target industry, who actually hear about the business, who are looking for a job, who are qualified, who can prove to the hirers' satisfaction that they are qualified.
I thought the assumption was that they were already present in order to get a lower wage. if they are just not present, then I don't understand the argument. your belief that there is absolutely nobody greedy enough to make it happen seems unrealistic.
