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How does that work when the demographic is extremely economically disadvantaged and has no way to earn starting capital?
by throwaway684936 4y ago
How does that work when the demographic is extremely economically disadvantaged and has no way to earn starting capital?
- tomp 4y agoWhy would that be the case? AFAIK it's equally probable for a woman/gay/trans person to be born in a wealthy family or a poor family.
- throwaway684936 4y agoAre you actually serious? We are obviously not talking about being born into wealth. Middle-class people still need to accumulate capital first, generally by working, something that's not always possible (for an extreme example, take e.g. ~90% unemployment rate for autistic college grads). Even if we were talking about wealthy families, that doesn't count out being disowned, etc. for being gay or transgender. In any case, check out these links: https://theconversation.com/transgender-americans-are-more-likely-to-be-unemployed-and-poor-127585 https://theconversation.com/transgender-americans-are-more-l... https://nwlc.org/income-security-is-elusive-for-many-transgender-people-according-to-u-s-transgender-survey/ https://nwlc.org/income-security-is-elusive-for-many-transge... https://www.lgbtmap.org/unfair-price-transgender https://www.lgbtmap.org/unfair-price-transgender
- pessimizer 4y agoTransgender people are a tiny percentage of LGBT people, so using them to characterize all LGBT is intentionally misleading. Also, this law was actually about requiring that any non-white or LGBT person be on the board; the LGBT part being highlighted is part of Newsweek's anti-gay agenda.
- giraffe_lady 4y agothis is mathematically similar too, and about as sensible as, statements like "it either kills me or it doesn't, so that's a 50% chance"
- pessimizer 4y agoYou're reading it wrong. They weren't saying that there's an equal chance for anyone to be born poor as to be born wealthy, they were saying the chances are the same for a straight person to be born either poor or wealthy as for a LGBT person to be born either poor or wealthy. This is not always true for other minorities. A random black American isn't as likely to have been born into wealth as a random white American.
- burnished 4y agoThe US has a recent history of racial discrimination that prevented a lot of people from building wealth in their communities or generational wealth. Not that there aren't a shit ton of white people living in trailer parks, but no one was denying them home loans because of the color of their skin. So, if owning your own home is a big part of your wealth over a life time, and your parents and their parents were discriminated against and prevented from accessing those mechanisms, it makes it much less likely that you will today be born in a wealthy or a poor family. Look up redlining on wikipedia if you want specifics.
- tomp 4y agoSure but here we're talking about LGBT. I include women because of this: > I anecdotally recall studies that found organizations with greater diversity deliver better financial results AFAIK most of these studies focused on "women in boardrooms/leadership"
- burnished 4y agoHmmm, fair enough, I suppose I simply failed my reading comprehension roll.
- bcj7393nsk 4y ago
- rayiner 4y agoYou mean like Vietnamese refugees in the 1970s? Or for that matter Italians or Irish or Eastern European immigrants?
- throwaway684936 4y agoRacial/cultural/nationality discrimination isn't identical to LGBT discrimination.
- xyzzyz 4y agoIndeed, it's much easier to hide that you're gay than that you're black or Russian.