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How the Poor Can Save Capitalism by Andrew Young, John Hope Bryant

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CHAPTER THREE

Cracking the Code of Finance

When I was growing up in the inner cities of South Central Los Angeles and Compton, I didn’t have a clue about free enterprise or capitalism. How did it work? How were its winners and losers picked, and who did the picking? Most important, how could I participate? Forget about it. There was no manual for poor people. We never got the memo.

All I knew was that some folks in a world far, far away were rich and well-to-do and did as they liked, wearing suits and going in and out of high-rise buildings. Meanwhile, other folks—folks I knew in my neighborhood, folks like me—struggled to understand how these rich folks achieved any of that. There was no building above three floors in my entire neighborhood, ...

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