kkolanm's comments

A wealthy black person can easily start their own business. They may have some advantages and disadvantages vs a wealthy white person but nothing can stop them doing it. They have money. A wealthy Black person is a “have” not a “have not.” A poor white person cannot use their whiteness to pay the bills. Ask millions of white people why they work shitty jobs if you think being white solves economic problems.

They can’t stop working their shifty job to participate in YC if they lowered their investment. A wealthy black founder very obviously could. Clearly the deciding factor is socioeconomic and not race.

So you’re just wrong to talk about racial diversity when the issue is clearly socioeconomic diversity.

The absolute proof is that increased economic diversity necessarily results in increased racial diversity. Contrarily, increased racial diversity does not necessarily result in socioeconomic diversity.

Because one is the root cause of the other.

Your thinking is what leads to “diverse” organizations where many racial and gender groups are represented but they’re all rich people that attended Ivy League schools. And that is not diversity by any meaningful definition. It does nothing to alleviate systemic unfairness.

Completely agree with the point except the needless use of racial stereotyping on an economic issue.

The reality is that millions of white people come from impoverished backgrounds. And millions of Indian, Asian, and yes even Black and Latino people are from wealthy backgrounds.

Polices designed to help economic diversity will necessarily and disproportionately help certain racial minorities and that’s all for the good. If you want to actually help the world stop making it about race when it is not. And feel free to make it about race when it actually is.