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The Complicated Relationship Between Socialism And People of Color
“We have a messaging problem in Democratic messaging on the economy, which is often focused on poverty reduction as opposed to wealth creation, is where they’re missing a lot of men of color, who ever when they are low income, do not consider themselves poor and do not think those policies are for them.” — Pollster Terrance Woodbury, HIT Strategies, Why Biden Is Losing Support Among Voters of Color
One thing I notice about many people of color, particularly men of color, is a sense of entrepreneurship and drive that far exceeds our White peers. A lot of my conversations with my Black in-laws revolve around how to make more money, whether it is through side hustles, gigs, investing, or strategic sports gambling.
The same happens with a lot of Asian and Hispanic peers, and as an Asian man, I don’t just try to make more money because I need to, but because it’s fun. It brings a rush. I don’t want to just be mediocre and boring in relying on the stability of my day job — although I am well aware of the dangers of trying to earn fast, easy money, I try to thread the needle and wade into the nuances of high reward, low-risk investments and skills. I have learned through the crypto crash…
