A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try.
The process which enables this was introduced during the Biden administration.
A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try.
The process which enables this was introduced during the Biden administration.
Remember, it’s always been predicated on the idea that success proves worth regardless of circumstances, especially for American conservatives. It’s a myth built to serve those with power and privilege, a shield that protects their ego and image, and a gag for any talk of social or economic equality.
Our founders paid lip service to egalitarianism and ridding ourselves of kings, then created a system that allowed for the rise of a new sort of royalty. Instead of titles and land, it’s wealth that creates power and is inherited by children.
Universities don’t just sell knowledge, they sell opportunity and status, and the bar has to be high enough to ensure that only people the powers that be find deserving can climb over it.
The worth-success correlation is not just the USA, it’s here (Germany) the same. And probably nearly everywhere else too.
As for the rest I can’t add anything, you already summed it up quite eloquently with enough cynical observation.
I hope for you that you’re a wealthy one, as being poor AND open-minded in the US must be a nightmare. Knowing when and how you get fucked into which parts hurts more than just rolling along the others, never having to reflect or ponder…