Ricky, thanks for writing this. It’s cool that this is a topic people care about.

At the same time, I think you are missing the point.

Inequality is about capital, not about a particular mindset.

The reason there are so few successful poor founders is because it’s radically easier to build things when you have access to resources.

The act of building valuable things is a process of reinvesting capital into what you have already built.

What you call mindset inequality is just a function of the fact that you had radically less claim on resources, and so yes, that changes your mindset. But even if you had exactly the same mindset (and compounded at the same rate as those with more capital), you will never catch up.

In my trivial example, even if your mindset allowed you to generate value at a 3x faster rate than the person who started with $100k, you wouldn’t catch up in 20 years.

By chalking it up to an internal process in your head, you are missing out on an opportunity to understand a practical reality of our system.

Not saying this system isn’t good. It generates the world we see around us, and by and large has propelled us to prosperity. Just, we might as well understand what’s happening if we want to understand inequality.