Kylie would be more believable if she was the one in a basement lab and mixing up chemicals, to create her make-up. But she wasn't. I'm sure she had people (endorsements) come to her or vice versa and pitch a make-up line. Her name, fame and family ties made her a billionaire. And plasic surgery helped also. If she kept her original face, I highly doubt no one would want to buy her products and look like her.
She just bought the products manufactured by other companies and listed it on her website which she made thru shopify and update it on her insta story. The real strrugle.
Shawn Newell, I disagree. The U.S.A. is the land of infinite luxury, and opportunities, for all classes, including those who don't care to do any work.
@@JADBeats In the U.S, intellectual achievement and resource management are most important. Food service requires minimal work/energy, therefore, we don't pay six figures for burger flipping.
We have to correct this mindset of being “self-made”, especially when it involves people from wealthy upbringings who fail to consider all of the advantages they’ve had over the rest of society along the way. They live out-of-touch from working class people, and never learn to appreciate their workers whose labor helped them amass more wealth than they could ever spend in a lifetime. I couldn’t imagine having one billion dollars (let alone tens of billions) without giving at least half of it away to society and to people who need it more than I do. $500 million is still more money than I would ever need. This era is no longer about the American Dream of success, it’s about helping plutocrats consolidate power.
@@frost1183 - Nobody is born a billionaire. Did that ever cross your mind? Real billionaires maintain their wealth, and then they earn even more wealth on top of that. Fake billionaires just spend money which they never earned in the first place because they inherited the money. Both kinds surely exist. And we know who they are. History tells us -
@@scotthullinger4684 no, they didn't understand how is it to live like a normal people, since they came from an upper class or upper middle class families anyway
One great example is the moon shot. It took 400,000 people and the piggy bank of a nation. Musk thinks he can hit Mars. Not by himself, he can’t. $4.5 Billion if government grants didn’t hurt, either. Don’t kid yourself into thinking Musk or any of the featured headshots used their own money or resources to achieve anything. They didn’t.
I grew up poor on WIC and Food Stamps but went to a rich kids school. Well, duh, of course Self Made is a myth!!!!!!!! They got everything handed to them on an average school day and never knew it because the closer you are to privilege, the more invisible it is. Classism never ended when we got rid of fancy titles like Duke or Earl.
Most of this piece seems to start with when the individual walks into the bank to ask for a loan. I've always thought it began in infancy with nutritional and psychological nurturing and continues through school for the next 12 to 20 years again with nutritional and psychological nurturing and BTW, the quality of education one receives.
Lol labor.... existed for thousands of years while humans struggled to survive. Then machines were invented by capitalism. Poof, life is now easy and great. Without the machines, and technology created by the rich a mans labor is next to useless
@@oldwoman2121 Profits grow on proffies in Profit Land Wanna get there? just strap your profits helmet and squeeze down a profits cannon, the kind of magical thinking that comes from mixing Von Misses with Deepak Chopra will take care of the rest. That's how you create profits without labor (other than stealing, but stealing requires the effort, AKA labor so, yeah, not even that) Just be positive!!!!!
No the money comes from the people who bought the tickets and state and federal policy. Lotteries are legalized gambling especially in the states that otherwise ban the practice.
yea, I gave them a solid "C" for their effort. one thing missing...the "I can" attitude. most people today have the "I can't" attitude & so they don't.
@@bevlower6793 and why would they have the I can attitude? Housing prices are at an all time high, and wages are lower than ever before. At some point the the power of will runs out. The I can attitude has to be backed up by the prospect of possible opportunities.
The problem with this self made stories is that people saying poor people are lazy . My mom work hard rarely see her children , but still can't make ends meet . My brother and i have to quit school to go to work . If we are lucky ,our hardwork will be seen by person who will help us to success. But most of us aren't lucky . My mom work hard for 12 years but her salary is just the same with the new employee .
Self-Made is just a synonym for better than expected. If a person just accomplishes what is expected, he is considered a product of his environment or Environment-Made, not Self-Made. If a person wins the lottery, he is considered lucky, not Self-Made. Anyone who succeeds better than expected is called Self-Made, because the difference between what was expected and what was accomplished is due to his individual effort. If someone comes from a poor family and remains poor, he is "Environment-Made". If someone comes from a poor family and becomes a millionaire, he is "Self-Made". If someone comes from a millionaire family and becomes a millionaire, he is Environment-Made. If someone comes from a millionaire family and becomes a billionaire, he is Self-Made.
I don’t exactly agree with this idea. If you started with 100 millions turned it into 1 billion it’s not all that impressive. We already know amassing wealth with money is much easier than starting from nothing. There’s also time and inflation to consider. Using the same example if you amassed 1 billion from 100 millions within a year then it’s still impressive. Within 30-40 years? Not so much.
@@AW-gj4ji excellent point. However, it is still possible for a person from a wealthy family to become "self-made". "Self-made" just means better than expected from the environment from which he came. You just pick your number -- 1 billion?, 100 billion?, 1 trillion?. You decide what number would surprise you, and that is your "self-made" number.
@@brookvalley907 pretty much, I agree to this concept. Although, “self-made” is a misleading term. From how the media tries to frame it. I don’t follow politics, I’m too lazy for that 😁.
Old Woman 1 second ago This is a very well-done piece. Thoughtful, incisive and truthful. I'm a retired physician who will always be grateful for the wonderful public education I received, for the teachers who taught me how to learn, for the government that gave me grants and low interest loans to see me through to graduation and for the country that gave me the opportunity to give back. Yes I know I had an advantage in that I was born white. Yes, I worked very hard to be successful in my career, my marriage and parenthood-- and yes, every word of this NBC News report rings true. We need to help each other instead of envy each other. Thank you for this wonderful piece!
The rich stay rich because IP and rights are enforced by our Judicial system, including access to courts, lawyers and police and jails enforcing. This cost is born disproportionately by low paid workers who do not benefit as much as the rich do from this system. Same thing with funding on roads, export import, airports etc (Infrastructure and Commerce) again disproportionately funded by the lower paid of our society. The Rich need to pay commensurate with the benefits they are reaping.
no one is self made unless they grow up and found success in the wilderness and attended no public schools. No one is self-sufficient neither - so when we talk about self-sufficiency in the context of poor people, it irks me because no one is self-sufficient but poor people are made to live up that expectation unfairly. Donald Trump was given over $400 million by his daddy. He bankrupted 6 times. is he really self-sufficient?
The onlt thing that bothers me is why they do not all make a end on people eating grass or starve.. people want more and more money just to die with it in the end
What job is going to promote you to management these days and what business are you going to start that makes you wealthy. The newest businesses are Uber, Airbnb and the scooter rental companies, lots of politicians and business people want those businesses shut down.
I the Baha'i faith there's this concept of the three pillars (or often referred to as the protagonists) of society working together to achieve an ever advancing civilisation, the individual, the community and the institutions. So while individualism is important, it provides us guidance as our place in society, it is just one of the pillars. So I think we miss the point when we do celebrity/billionaire worship and not realise that there were two other pillars in play. Also the other way round when the institutions forget about the individual and community contribution to society.
The government contributed to Walmart's fortune by allowing them to stay open during the pandemic...who chose which businesses to stay open or close. Having everyone go to the SAME place during a virus out break is akin to a super spreader event. It would have made more sense to keep open the mom and pop shops in order to keep people separated.
@silent What about the Bezzos claim to fame of a garage start-up!!! Oh wait, how bout the Gates multi success off the backs of his inbreed mom with a solid association to Nazi lovers IBM corporation , who helped Hitler with his success. Crabs in a bucket, that’s what this is.
Business & Commerce is what keeps governments going, otherwise they'd have no way to fund infrastructure, defense etc. U.S. Free Enterprise is the oil that creates more entrepreneurs than anywhere else.
But if there's no infrastructure to begin with, "Business and Commerce" (why the upper cases tho) wouldn't have developed to were they are today, because you can't have private property without the state and the laws that protect the private ownership of said private property. For someone who nicknames themselves as "Preaching Old School" of all things, your approach at complex economic, social and legislative issues, is surprisingly reductionist and almost at an elementary school level of simplicity, and it only takes us to a pointless chicken or the egg question. But you're American, you've been brainwashed into thinking that any time the government tries to help everybody, is basically the same as Stalin at the gates readying the planes for Red Dawn.
@preaching All our infrastructure should then be up to date, safe and modernized. It’s not. No raise in wages for years for the working class means that those wages were kept as profit for those businesses, thus shareholders were amply rewarded and also CEOs of said enterprises. I suppose the working class contributes in taxes with auto-pay, funding both infrastructure and defense, ect. Is U.S.Free Enterprise the working class?
We would have a better time recognizing and affirming each others aspirations if the end result was an equal split. It takes a village to raise a child it is said, likewise to make a billionaire, but the one with the dough thinks they are the result of their own hard work and forgets the rest.
It's true. No one is self-made! The citizens of the United States funded research for critical inventions like GPS, the internet itself(😆👏), Lithium batteries, touch-screen, etc. We funded that, not billionaires alone
@@Dlahusen1 No, some people actually do so you're wrong on the strawman critique. It's part of the stupid 'Lone Cowboy' myth from the 1800s which speaks on claiming what's yours and working for everything you have. It's just not true. Especially today!
In essence what we have here is the 'Just World fallacy' and it is something that is deeply ingrained in pretty much everyone and we need to always be vigilant of its influence.
Great video!🤗 We're all helped to the finish line, some to fail some to win, 5:29 says it bluntly for the ever-evolving circumstances in the USA. I am compelled to mention public school funding at the local level based on who lives in your real estate.
@harry Your last statement is a pivotal part of this pie!!! The system of success is America with its “America Dream” has always reminded me of that game with the chairs. 11 people 8 chairs. 3 people always loose. No one ever has the bright idea of getting more chairs bc then the game is no longer fun.
*"Socialism never take root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires."* -John Steinbeck
The mere fact that folks like me who have no children, mortgages, or other hard assets deductions coupled with no deductions from a small business, are taxed heavily, is a true sign on who, in America, gets tax benefits that allows them a greater opportunity to keep growing in wealth and class. I was in the military for 10 years and bc of very long hours and extreme overtime, my $11.52 an hour job produced a high income of $69,000 a year. I got to keep $51061.00 dollars of it. After my $25,000 contribution to my 401K, I had 25k left. ($13.00 an hour, including my overtime) ) Today that 401K has lost its value by 33%. Im not sure any longer about hard work. I’m not sure about work at all. 401k’s should be tax free.
This Stern guy detracts from the subject. Boston is hardly the center of the universe. Even New York is not the center of universe any more when it comes to creation of billionaires. Stern needs to get out more. Jed. California is the place you want to be.
I donno about self made billionaires, but anyone can certainly be self made millionaires, one of the best example is Manny Khosbin, a guy who owns multiple super cars and who used to live in a car himself as a homeless Immigrant.....having said that, if u are a multi Millionaire, I don't see any reasons for someone to not work on to become a Billionaire from there....so theoretically, it is possible.
Thank you for this, the kardashian stupidly on ‘self made’ mortifies me. I would have liked this video more if this was only about the kardashain claim of ‘self made’. What a lie when your famous family literally spoon fed you and made you into a person and they could because you were born into fame and so were they.
@@Dlahusen1 Then why is it sold as that? Why is it used to blame everything bad that happens to someone, entirely on them? Why is still being used to shame people who already work as hard as humanly possible, for not being CEO's of the universe? May I remind you that the bootstraps expression was first used to describe a ludicrously impossible feat? And that proponents of American style capitalism know that they're selling the ludicrously impossible feat, of everybody being able to own a business if they just "Work Harder TM"? At least you're smart enough to see through the charade, even tho you fail to see the charade itself. They strawman themselves, but they don't care because it works, they're psychopaths that cannot see past machine like pragmatism, because they have cash registers where most people have flesh and blood brains. Stay safe.
@@Dlahusen1 definitely not a strawman. too many people still believe that billionaires earned their money, rather than skimming profits from other people's labour whilst leaving them with the bare minimum to survive. although nowadays the minimum isn't even enough to survive lmao
No one is self made billionaires because it takes a team to make the business and profit. And actually the workers that make it all happen. A lot of times slave laborers. Amazon warehouse workers are a perfect example of this. Without the people that make the products and carrying out the operations of the business they would have nothing. Has a spiritual teacher we are taught that team work is everywhere, nature works based on unity and cooperation. We work has one to create all accomplishments. No one does great without a team. That’s why we are here. Divine Father and Mother God please make all billionaires and millionaires give their profits back to the people that earned them in the first place.💚❤️💙🙏🇺🇸🌍🧿🕉✝️☮️💸222 333 1111 444 555 #victoryforthepeople❤️💙
Of course, they are all self made! Their actions in their situation made it possible. Had they made the wrong actions, they would have been failures. To me this is just the mundane, ordinary people, who could never become Billionaires, even with help trying to tear down exceptional people who are SUPERIOR TO THEM. History is filled with superior, singular individuals, and "Great Man History" is a real thing. There was only one Charlemagne, only one Octavian/Augustus, some mundane person not particularly good at court intrigue, or leading an Dark Age army Western European Frankish Army, or managing and reforming a vast empire until it worked better than any country in Europe since the Roman era of the 5 Good Emperors, they would not have become Charlemagne, more likely would have been assassinated in 770 by their brother Carloman. Kylie Jenner turned out to have exceptional business acumen, some other young lady without that might have ended up maybe worth something, but not even 10 million dollars, much less 1 Billion.
People think they will get good advice on how to get rich from rich people, but they forget that those rich people are total liars. That's part of how they got so rich. LYING. Every case study proves this.
Well i know one thing.If you truly start from bottom (like No education either)let alone money the only way to get rich by 2number which is through crime...or like some bad jobs.
Not even 30k views almost 3 years after posting. People don't like to think critically anymore (if they ever did). Some stupid tik tok meanwhile garners millions of views. Thats why nothing will ever change, blissful ignorance.
There is a billionaire in my country, that is one of the wealthiest people in africa, he was literally so poor that his brother when he was young died literally of hunger. You know how poor you have to be to die of hunger, even homeless people are far from death of hunger.That's why i don't beleive this stuff about "no billionaire is actually self made". if this guy that i just mentioned isn't self made then idk what is self made.
Would you want to be a brilliant individual in a field that doesn't pay well, or dumb as a bag of hammers and middle income in the NBA, NFL, PGA, acting, e.t.c.??
Let’s put it this way: the former will be intelligent enough to know how undervalued he or she is, a la Breaking Bad, the latter will be dumb enough to think himself intelligent and deserving.
Have to make the Dream easier to achieve. Right now, only about 17% of families benefit to the extent that it’s been sold for the last 50 years. Home ownership, children, healthcare, education, and enough income to care for it all (even if that one paycheck devolved into two in the 80s and currently stands at roughly THREE in 2022) by two earners doesn’t come close to 2 in 10 families. That means 80% of us are struggling against this myth without simple aids like housing protections, guaranteed, single-payer healthcare, accessible higher education, and most importantly, equitable wages. It is a recipe for disaster. Virtually every European country is “doing America” better than America. By a huge margin. And proponents of our system cite our massive economy as proof of its veracity. That, of course, is a shell game designed to keep you engaged with the myth. And it’s working. Look at the substance of America’s growth and you’ll find that it’s just air. We are literally banking on our reputation, which is eroding as we speak. When what we did before is no longer valuable (like an old entry on your CV) the rest of the world will abandon us and we will sink like lead shot in a still water. Enjoy your celebrity, Mr. Musk and friends. Then look forward to living elsewhere because your complacency will be noted.
Why is self-made so important? What’s wrong with hard work, home life, and God? Maybe we should emulate societies like the Amish and Mennonites, who work the land, feed themselves, save money, sell their wares, buy more land when available, family life and worship God?
Nigel Palmer That’s called branding. His relatable image is part of the Tesla brand. Sad to say it, but chances are that Musk’s public image was probably concocted in some corporate office by a well-paid marketing team. CEO’s are just like politicians.
This video pretty much screams UBI but never mentions it outright. UBI would enable us to be 'self made' and actually make the 'American Dream' a possibility for everyone again. UA-cam Andrew Yang!
No one who gets a $4 million Ferrari for their 18th birthday is self-made
Kylie would be more believable if she was the one in a basement lab and mixing up chemicals, to create her make-up. But she wasn't. I'm sure she had people (endorsements) come to her or vice versa and pitch a make-up line. Her name, fame and family ties made her a billionaire. And plasic surgery helped also. If she kept her original face, I highly doubt no one would want to buy her products and look like her.
She just bought the products manufactured by other companies and listed it on her website which she made thru shopify and update it on her insta story. The real strrugle.
More like American Delusion.
Have you tried traveling around the planet, and evaluating services and infrastructure? The achievements look very real to me.
@@ForestNinjaZero I've been to Europe. They live. We survive.
Shawn Newell, I disagree. The U.S.A. is the land of infinite luxury, and opportunities, for all classes, including those who don't care to do any work.
@@ForestNinjaZero In Europe McDonalds workers make 3x what American McDonalds workers make. America is the land of infinite capitalism and greed.
@@JADBeats In the U.S, intellectual achievement and resource management are most important. Food service requires minimal work/energy, therefore, we don't pay six figures for burger flipping.
We have to correct this mindset of being “self-made”, especially when it involves people from wealthy upbringings who fail to consider all of the advantages they’ve had over the rest of society along the way. They live out-of-touch from working class people, and never learn to appreciate their workers whose labor helped them amass more wealth than they could ever spend in a lifetime. I couldn’t imagine having one billion dollars (let alone tens of billions) without giving at least half of it away to society and to people who need it more than I do. $500 million is still more money than I would ever need. This era is no longer about the American Dream of success, it’s about helping plutocrats consolidate power.
Trust me ... every single billionaire was, once upon a time, NOT a billionaire. So they understand what normal people are.
@@scotthullinger4684 no they don’t bud. I’m sorry. Not being a billionaire doesn’t make you understand what it’s like to be a regular person.
@@frost1183 - Nobody is born a billionaire. Did that ever cross your mind? Real billionaires maintain their wealth, and then they earn even more wealth on top of that. Fake billionaires just spend money which they never earned in the first place because they inherited the money. Both kinds surely exist. And we know who they are. History tells us -
@@scotthullinger4684 no, they didn't understand how is it to live like a normal people, since they came from an upper class or upper middle class families anyway
@@kucingcat8687 - Yes, exactly right -
When our village is supportive and viable our success is more likely. It truly takes a village.
One great example is the moon shot. It took 400,000 people and the piggy bank of a nation. Musk thinks he can hit Mars. Not by himself, he can’t. $4.5 Billion if government grants didn’t hurt, either. Don’t kid yourself into thinking Musk or any of the featured headshots used their own money or resources to achieve anything. They didn’t.
It's like saying, I lost weight by myself, but in reality I got liposuction. Self- made! Really!
'It's called the American Dream because you have to be asleep to believe it", quote by George Carlin.
Best Price
I was just looking for this quote. 👍
Enter the daydreamer
Yes the US does need to think again about its culture and worship of wealth
Bro that’s not culture worship that’s propaganda
I know a guy who used to believe Elon musk was from south africa's slums. 🤣🤣🤣🤣🤣🤣🤣
I also want to be into that slum which is inside an emerald mine lol😂
I grew up poor on WIC and Food Stamps but went to a rich kids school. Well, duh, of course Self Made is a myth!!!!!!!! They got everything handed to them on an average school day and never knew it because the closer you are to privilege, the more invisible it is. Classism never ended when we got rid of fancy titles like Duke or Earl.
Correct
My Dad is self made
Most of this piece seems to start with when the individual walks into the bank to ask for a loan. I've always thought it began in infancy with nutritional and psychological nurturing and continues through school for the next 12 to 20 years again with nutritional and psychological nurturing and BTW, the quality of education one receives.
Absolutely.
BECAUSE LABOR IS THE DRIVING FORCE BEHIND ALL SUCCESS & PROGRESS. THE BILLIONAIRE CLASS IS OBSCENE AND UNDESERVING, PERIOD.
Lol labor.... existed for thousands of years while humans struggled to survive. Then machines were invented by capitalism. Poof, life is now easy and great. Without the machines, and technology created by the rich a mans labor is next to useless
@@Dlahusen1 who built the machines, other than labor?
@@oldwoman2121 Profits grow on proffies in Profit Land
Wanna get there? just strap your profits helmet and squeeze down a profits cannon, the kind of magical thinking that comes from mixing Von Misses with Deepak Chopra will take care of the rest.
That's how you create profits without labor (other than stealing, but stealing requires the effort, AKA labor so, yeah, not even that)
Just be positive!!!!!
It takes a community of people to create wealth and success - both our built on cooperation or exploitation - which are you supporting.
*So if I hit the lottery.....is that self-made?*
Actually a good question, but I imagine it's on the same line as inheriting a lot of money, pure luck.
Yes
@Danonino Diarrhea so basically the person who gave you the money, assisted you
I don’t know, did you “make” the lottery?
No the money comes from the people who bought the tickets and state and federal policy. Lotteries are legalized gambling especially in the states that otherwise ban the practice.
"Not even Kylie Jenner"???? She's the least self made out their, why would you "even her" that?
It's a joke.
Its sarcastic bc she is indeed the least self made but still claims to be
This is a very well-done piece. Thoughtful, incisive and truthful. Thank you.
yea, I gave them a solid "C" for their effort. one thing missing...the "I can" attitude. most people today have the "I can't" attitude & so they don't.
@@bevlower6793 and why would they have the I can attitude? Housing prices are at an all time high, and wages are lower than ever before. At some point the the power of will runs out. The I can attitude has to be backed up by the prospect of possible opportunities.
@@bevlower6793 there are hundred of people with the I can attitude that are poor.
Not, is not _even kylie Jenner_
Who for a second thought she was self made. She started that Monopoly game almost at the end of the road
The problem with this self made stories is that people saying poor people are lazy . My mom work hard rarely see her children , but still can't make ends meet . My brother and i have to quit school to go to work . If we are lucky ,our hardwork will be seen by person who will help us to success. But most of us aren't lucky . My mom work hard for 12 years but her salary is just the same with the new employee .
Exactly, no one has every gotten successful on hard work alone. Everyone had to have opportunities.
Self-Made is just a synonym for better than expected. If a person just accomplishes what is expected, he is considered a product of his environment or Environment-Made, not Self-Made. If a person wins the lottery, he is considered lucky, not Self-Made. Anyone who succeeds better than expected is called Self-Made, because the difference between what was expected and what was accomplished is due to his individual effort. If someone comes from a poor family and remains poor, he is "Environment-Made". If someone comes from a poor family and becomes a millionaire, he is "Self-Made". If someone comes from a millionaire family and becomes a millionaire, he is Environment-Made. If someone comes from a millionaire family and becomes a billionaire, he is Self-Made.
This comment convinced me more than the whole video. I ws looking for something like this.
I don’t exactly agree with this idea.
If you started with 100 millions turned it into 1 billion it’s not all that impressive. We already know amassing wealth with money is much easier than starting from nothing.
There’s also time and inflation to consider. Using the same example if you amassed 1 billion from 100 millions within a year then it’s still impressive. Within 30-40 years? Not so much.
@@AW-gj4ji excellent point. However, it is still possible for a person from a wealthy family to become "self-made". "Self-made" just means better than expected from the environment from which he came. You just pick your number -- 1 billion?, 100 billion?, 1 trillion?. You decide what number would surprise you, and that is your "self-made" number.
There is a way to tell to which political party you belong. Greedy people are Republicans. Envious people are Democrats.
@@brookvalley907 pretty much, I agree to this concept. Although, “self-made” is a misleading term. From how the media tries to frame it.
I don’t follow politics, I’m too lazy for that 😁.
Some people are born on third base, but think they hit a triple.
Old Woman
1 second ago
This is a very well-done piece. Thoughtful, incisive and truthful. I'm a retired physician who will always be grateful for the wonderful public education I received, for the teachers who taught me how to learn, for the government that gave me grants and low interest loans to see me through to graduation and for the country that gave me the opportunity to give back. Yes I know I had an advantage in that I was born white. Yes, I worked very hard to be successful in my career, my marriage and parenthood-- and yes, every word of this NBC News report rings true. We need to help each other instead of envy each other. Thank you for this wonderful piece!
So why did the media report that Kylie was self made ?
Savedby Grace because people click on the article to either congratulate her or complain about how she is not self made. It’s clickbait
The rich stay rich because IP and rights are enforced by our Judicial system, including access to courts, lawyers and police and jails enforcing. This cost is born disproportionately by low paid workers who do not benefit as much as the rich do from this system.
Same thing with funding on roads, export import, airports etc (Infrastructure and Commerce) again disproportionately funded by the lower paid of our society.
The Rich need to pay commensurate with the benefits they are reaping.
no one is self made unless they grow up and found success in the wilderness and attended no public schools. No one is self-sufficient neither - so when we talk about self-sufficiency in the context of poor people, it irks me because no one is self-sufficient but poor people are made to live up that expectation unfairly. Donald Trump was given over $400 million by his daddy. He bankrupted 6 times. is he really self-sufficient?
The onlt thing that bothers me is why they do not all make a end on people eating grass or starve.. people want more and more money just to die with it in the end
What job is going to promote you to management these days and what business are you going to start that makes you wealthy. The newest businesses are Uber, Airbnb and the scooter rental companies, lots of politicians and business people want those businesses shut down.
I the Baha'i faith there's this concept of the three pillars (or often referred to as the protagonists) of society working together to achieve an ever advancing civilisation, the individual, the community and the institutions. So while individualism is important, it provides us guidance as our place in society, it is just one of the pillars. So I think we miss the point when we do celebrity/billionaire worship and not realise that there were two other pillars in play. Also the other way round when the institutions forget about the individual and community contribution to society.
The government contributed to Walmart's fortune by allowing them to stay open during the pandemic...who chose which businesses to stay open or close. Having everyone go to the SAME place during a virus out break is akin to a super spreader event. It would have made more sense to keep open the mom and pop shops in order to keep people separated.
Life is a lottery. There are things a person can do to give them an edge, but life is indeed a lottery.
@silent What about the Bezzos claim to fame of a garage start-up!!!
Oh wait, how bout the Gates multi success off the backs of his inbreed mom with a solid association to Nazi lovers IBM corporation , who helped Hitler with his success.
Crabs in a bucket, that’s what this is.
My definition is basically this. Did you inherit your wealth or not?
Business & Commerce is what keeps governments going, otherwise they'd have no way to fund infrastructure, defense etc.
U.S. Free Enterprise is the oil that creates more entrepreneurs than anywhere else.
But if there's no infrastructure to begin with, "Business and Commerce" (why the upper cases tho) wouldn't have developed to were they are today, because you can't have private property without the state and the laws that protect the private ownership of said private property.
For someone who nicknames themselves as "Preaching Old School" of all things, your approach at complex economic, social and legislative issues, is surprisingly reductionist and almost at an elementary school level of simplicity, and it only takes us to a pointless chicken or the egg question.
But you're American, you've been brainwashed into thinking that any time the government tries to help everybody, is basically the same as Stalin at the gates readying the planes for Red Dawn.
@preaching
All our infrastructure should then be up to date, safe and modernized. It’s not.
No raise in wages for years for the working class means that those wages were kept as profit for those businesses, thus shareholders were amply rewarded and also CEOs of said enterprises.
I suppose the working class contributes in taxes with auto-pay, funding both infrastructure and defense, ect.
Is U.S.Free Enterprise the working class?
Not only are these people NOT self made but their businesses rely on government subsidies, little or no taxes and of course dirt cheap labor
Awesome analysis and concept review, but the jazz music is intruding and distracting.
self made billionaire simply means a person smart at exploitation and mega-theft
Nobody can be truly self made.We are all inter dependent on each other for fulfilling our needs...
We would have a better time recognizing and affirming each others aspirations if the end result was an equal split. It takes a village to raise a child it is said, likewise to make a billionaire, but the one with the dough thinks they are the result of their own hard work and forgets the rest.
It's true. No one is self-made! The citizens of the United States funded research for critical inventions like GPS, the internet itself(😆👏), Lithium batteries, touch-screen, etc. We funded that, not billionaires alone
You are fighting a strawman. Nobody thinks self made means you created your wealth in the middle of a forest.
@@Dlahusen1 No, some people actually do so you're wrong on the strawman critique. It's part of the stupid 'Lone Cowboy' myth from the 1800s which speaks on claiming what's yours and working for everything you have. It's just not true. Especially today!
@@Dlahusen1 so how would you define it?
I love Dan!!! I watch you and your wife other Chanel!!! Great to see you on NBC!!!
Maria Almeida Ramos dan who?
In essence what we have here is the 'Just World fallacy' and it is something that is deeply ingrained in pretty much everyone and we need to always be vigilant of its influence.
i said it before, we admire the completely wrong people
I feel you should ultimately blow up the whole notion of it and start a fresh.
@Ronald BUILD BACK BETTER.
All for the COMMON GOOD Im told.
I've never seen someone decrying meritocracy who has claimed that they don't deserve their own position.
Kylie Jenner? Bwahahahahaaaaaaa
Bill Gates II + IBM + Harvard + Larry Ellison = Bill Gates III 🎈
1:29- Kylie Jenner
1:43- Kylie Jenner Relatives
showing the camera guy - I see what you did there ;)
"Not even Kylie Jenner" lol
Great video!🤗
We're all helped to the finish line, some to fail some to win, 5:29 says it bluntly for the ever-evolving circumstances in the USA.
I am compelled to mention public school funding at the local level based on who lives in your real estate.
Can u elaborate the last part.
@harry
Your last statement is a pivotal part of this pie!!!
The system of success is America with its “America Dream” has always reminded me of that game with the chairs.
11 people 8 chairs.
3 people always loose.
No one ever has the bright idea of getting more chairs bc then the game is no longer fun.
*"Socialism never take root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires."*
-John Steinbeck
They got connection to famous people
Hello, have a great day!
Who in their right mind would think Kylie Jenner is self-made? Lmfao
The mere fact that folks like me who have no children, mortgages, or other hard assets deductions coupled with no deductions from a small business, are taxed heavily, is a true sign on who, in America, gets tax benefits that allows them a greater opportunity to keep growing in wealth and class.
I was in the military for 10 years and bc of very long hours and extreme overtime, my $11.52 an hour job produced a high income of $69,000 a year. I got to keep $51061.00 dollars of it. After my $25,000 contribution to my 401K, I had 25k left. ($13.00 an hour, including my overtime) )
Today that 401K has lost its value by 33%.
Im not sure any longer about hard work.
I’m not sure about work at all.
401k’s should be tax free.
It's not possible for everyone to be wealthy or own a business. Most people don't want to or have to own a business...
This Stern guy detracts from the subject. Boston is hardly the center of the universe. Even New York is not the center of universe any more when it comes to creation of billionaires. Stern needs to get out more. Jed. California is the place you want to be.
Why that music in the background? it's totally distracting and unfit.
I donno about self made billionaires, but anyone can certainly be self made millionaires, one of the best example is Manny Khosbin, a guy who owns multiple super cars and who used to live in a car himself as a homeless Immigrant.....having said that, if u are a multi Millionaire, I don't see any reasons for someone to not work on to become a Billionaire from there....so theoretically, it is possible.
Thank you for this, the kardashian stupidly on ‘self made’ mortifies me. I would have liked this video more if this was only about the kardashain claim of ‘self made’. What a lie when your famous family literally spoon fed you and made you into a person and they could because you were born into fame and so were they.
You are fighting a strawman. Nobody thinks self made means you created your wealth in the middle of a forest.
you gotta be a kardashian sent puppy to manipulate my words.
@@Dlahusen1 Then why is it sold as that? Why is it used to blame everything bad that happens to someone, entirely on them?
Why is still being used to shame people who already work as hard as humanly possible, for not being CEO's of the universe?
May I remind you that the bootstraps expression was first used to describe a ludicrously impossible feat? And that proponents of American style capitalism know that they're selling the ludicrously impossible feat, of everybody being able to own a business if they just "Work Harder TM"?
At least you're smart enough to see through the charade, even tho you fail to see the charade itself.
They strawman themselves, but they don't care because it works, they're psychopaths that cannot see past machine like pragmatism, because they have cash registers where most people have flesh and blood brains.
Stay safe.
@@granudisimo Its not sold as that. Most people aren't autistic and understand context.
@@Dlahusen1 definitely not a strawman. too many people still believe that billionaires earned their money, rather than skimming profits from other people's labour whilst leaving them with the bare minimum to survive. although nowadays the minimum isn't even enough to survive lmao
When NBC posts this, be worried.
No one is self made billionaires because it takes a team to make the business and profit. And actually the workers that make it all happen. A lot of times slave laborers. Amazon warehouse workers are a perfect example of this. Without the people that make the products and carrying out the operations of the business they would have nothing. Has a spiritual teacher we are taught that team work is everywhere, nature works based on unity and cooperation. We work has one to create all accomplishments. No one does great without a team. That’s why we are here. Divine Father and Mother God please make all billionaires and millionaires give their profits back to the people that earned them in the first place.💚❤️💙🙏🇺🇸🌍🧿🕉✝️☮️💸222 333 1111 444 555 #victoryforthepeople❤️💙
Of course, they are all self made! Their actions in their situation made it possible. Had they made the wrong actions, they would have been failures. To me this is just the mundane, ordinary people, who could never become Billionaires, even with help trying to tear down exceptional people who are SUPERIOR TO THEM. History is filled with superior, singular individuals, and "Great Man History" is a real thing. There was only one Charlemagne, only one Octavian/Augustus, some mundane person not particularly good at court intrigue, or leading an Dark Age army Western European Frankish Army, or managing and reforming a vast empire until it worked better than any country in Europe since the Roman era of the 5 Good Emperors, they would not have become Charlemagne, more likely would have been assassinated in 770 by their brother Carloman. Kylie Jenner turned out to have exceptional business acumen, some other young lady without that might have ended up maybe worth something, but not even 10 million dollars, much less 1 Billion.
born on third and thought they hit triples!
Reasontv has a good video about this too
People think they will get good advice on how to get rich from rich people, but they forget that those rich people are total liars. That's part of how they got so rich. LYING. Every case study proves this.
Indeed. People are so fkn stupid, it’s mind boggling!
This is a bit like Obama's 'You didn't build that' statement.
Well i know one thing.If you truly start from bottom (like No education either)let alone money the only way to get rich by 2number which is through crime...or like some bad jobs.
@very confused That’s been true since Cain killed Able.
There’s a reason why it’s call the American “dream”
Not even 30k views almost 3 years after posting. People don't like to think critically anymore (if they ever did). Some stupid tik tok meanwhile garners millions of views. Thats why nothing will ever change, blissful ignorance.
so el chapo is the only man truly "self made".
NBC nearly did a good piece about the American meritocracy lie.
Not even Kylie Jenner?! She is the least likely candidate to be self made.
Yes
There is a billionaire in my country, that is one of the wealthiest people in africa, he was literally so poor that his brother when he was young died literally of hunger. You know how poor you have to be to die of hunger, even homeless people are far from death of hunger.That's why i don't beleive this stuff about "no billionaire is actually self made". if this guy that i just mentioned isn't self made then idk what is self made.
How did he make his fortune?
Would you want to be a brilliant individual in a field that doesn't pay well, or dumb as a bag of hammers and middle income in the NBA, NFL, PGA, acting, e.t.c.??
Let’s put it this way: the former will be intelligent enough to know how undervalued he or she is, a la Breaking Bad, the latter will be dumb enough to think himself intelligent and deserving.
@Ken your second group is created through worship.
I do not agree
Ressentiment
I don't care self-made or not self-made ,all I want to do is be a billionaire baby
lol
🙏✍️📚📜🧠🌟🌌
I've never cared about any of this people
shrug?
Have to make the Dream easier to achieve. Right now, only about 17% of families benefit to the extent that it’s been sold for the last 50 years. Home ownership, children, healthcare, education, and enough income to care for it all (even if that one paycheck devolved into two in the 80s and currently stands at roughly THREE in 2022) by two earners doesn’t come close to 2 in 10 families. That means 80% of us are struggling against this myth without simple aids like housing protections, guaranteed, single-payer healthcare, accessible higher education, and most importantly, equitable wages. It is a recipe for disaster. Virtually every European country is “doing America” better than America. By a huge margin. And proponents of our system cite our massive economy as proof of its veracity. That, of course, is a shell game designed to keep you engaged with the myth. And it’s working. Look at the substance of America’s growth and you’ll find that it’s just air. We are literally banking on our reputation, which is eroding as we speak. When what we did before is no longer valuable (like an old entry on your CV) the rest of the world will abandon us and we will sink like lead shot in a still water. Enjoy your celebrity, Mr. Musk and friends. Then look forward to living elsewhere because your complacency will be noted.
@coda I thought Build Back Better was going to make everything possible?
Why is self-made so important?
What’s wrong with hard work, home life, and God?
Maybe we should emulate societies like the Amish and Mennonites, who work the land, feed themselves, save money, sell their wares, buy more land when available, family life and worship God?
Thanks nbc
Crooks of the decade
I agree Musk is well liked and seems to be doing something useful but the rest of them on th list I see no use for.
Nigel Palmer
That’s called branding. His relatable image is part of the Tesla brand. Sad to say it, but chances are that Musk’s public image was probably concocted in some corporate office by a well-paid marketing team. CEO’s are just like politicians.
People are dropping dead working to make Tesla cars in factories. But you don’t hear about them.
These people are not self-made. You as a society make them rich, simple. In other words, you are exploited because of your low self-esteem mindset.
Self-Made = Non-inherited
Steve Jobs came from a broke family who didn't even have food to eat
Nice joke
@@Killer-ee7uy You think he was rich ?
This video pretty much screams UBI but never mentions it outright. UBI would enable us to be 'self made' and actually make the 'American Dream' a possibility for everyone again.
UA-cam Andrew Yang!
not even Kylie???
Explain to me how Kylie is self-made?
@@DariusKu was a joke
wow! you get a solid "C" on this. I expected a far more distorted view. keep trying.
God will have mercy on whom he will have mercy.
Drums are unnecessary, annoying
First comment
Eat The Rich
That beard looks terrible!
I could'nt watch because your beard was to distractiing!
Awful!
Your pettiness brought me great pleasure
you mis-spelled 'to' . . it should be 'too'
@@peggysue457 probably that extra “o” was also too distracting for this bright fellow.
please look up dave ramsey's 10,000 millionaires study. 90% are self made
actually interested until you had some cottin pickin' juxtaposed to accusations of young white males
Watch it again but this time don't get triggered, you might learn something
Shave your face dudes..its disgusting!!!!!