Thomas Sowell Quotes
Groups that rose from poverty to prosperity seldom did so by having their own racial or ethnic leaders to follow.
Topics
Cultural Identity, Ethnic Identity, Group Identity
Economic Mobility
Economic Security, Economic Insecurity, Financial Security, Financial Insecurity
Financial Independence, Fiscal Independence, Economic Independence
Racial Equality
Ernestine Louise Rose
Social Change
Social Mobility
Upward Mobility
Leadership Role
Class Inequality
Economic Progress
Group Success
Intergenerational Mobility
Poverty Reduction
Social Stratification
Socioeconomic Status
Wealth Accumulation
Citations
Sowell, Thomas. Wealth, Poverty and Politics. Basic Books, 2015, p. 257.
Related Quotes
After the Meltdown of 2008 at the end of the George W. Bush administration, the Great Recession shut many of the traditional American opportunities, and even in 2013 when this quotation was written opportunities for the poor were much fewer than at most other times in American history.
Thomas Sowell is an American economist, social theorist, and senior fellow at Stanford University's Hoover Institution.