Skip to content
quotesby

About this quote

What does it mean?
Most wealthy executives came from privileged backgrounds not poverty contradicting the idea that anyone can become rich through hard work alone.
In plain terms
Most rich people started in good families not poverty making the rags to riches story mostly a myth.
What can you take from it?
Be skeptical of stories that everyone can become rich easily.

Where it applies

  • discussing wealth creation
  • studying economic history
  • evaluating success stories

Putting it to work

  • research wealth distribution
  • analyze success stories
  • question myths

Questions to consider

  • Where does most wealth come from?
  • Why are certain myths useful?

Another view

Some individuals do rise from poverty though they are outliers.

More from Howard Zinn

  1. It is possible, reading standard histories, to forget half the population of the country. The explorers were men, the landholders and merchants men, the politi…

    Permalink to quote #17
  2. One percent of the nation owns a third of the wealth. The rest of the wealth is distributed in such a way as to turn those in the 99 percent against one anothe…

    Permalink to quote #19
  3. Voting is easy and marginally useful, but it is a poor substitute for democracy, which requires direct action by concerned citizens.

    Permalink to quote #16

Related quotes

  1. While early American society was an agrarian society, it was fast becoming more commercial, and commercial goals made their way among its agricultural classes …

    Richard HofstadterRichard Hofstadter quote #2
  2. 'A successful economy depends on the proliferation of the rich, on creating a large class of risk-taking men who are willing to shun the easy channels of a com…

    George GilderGeorge Gilder quote #2
  3. Out of the beliefs nourished by the agrarian myth there had arisen the notion that the city was a parasitical growth on the country. Bryan spoke for a people r…

    Richard HofstadterRichard Hofstadter quote #3