The saver-investor ideal is structurally unavailable to most people
Evidence
Mainstream economic theories have draped obvious absurdities in scientific rigor: those who do not have sufficient resources to make ends meet, because they are unemployed or work for low wages, don’t have money to set aside to become a saver-investor. This condition affects the majority of people. — Clara E. Mattei, Escape from Capitalism, 34
Categorization
- SEED: The ‘person who can’t save’ refuting the saver-investor narrative is a clean rebuttal essay on how meritocratic self-improvement advice ignores structural position.
- XREF: connects to: Most people lack the resources to become saver-investors, invalidating the merit narrative — Clara E. Mattei, Escape from Capitalism, 34; The all-as-risk-managers discourse masks that most people hold no real assets. — Max Haiven, Cultures of Financialization, 36; The legitimate investor is distinguished from the gambler only by a socially constructed discourse — Max Haiven, Cultures of Financialization, 327 (+2 more)