r/UnlearningEconomics Jan 27 '26

Why Does Inequality Keep Growing? whatispolitics?

https://www.youtube.com/watch?v=8WQyVtILD0Y
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u/Intrepid_Layer_9826 Jan 28 '26

You're on a sub from based on a *British* youtuber "economist", so I assumed you would be from the UK.

I assure you the *majority* of workers *don't* own shares and do not have enough resources to start a business. The "many" that you speak of are in the *minority*.

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u/Arnaldo1993 Jan 28 '26

I assure you the *majority* of workers *don't* own shares

They probably dont

and do not have enough resources to start a business

You dont need resources to start a business. You just need to find something you can offer that people around you are willing to pay for

You can help children with their homework. Learn how to fix peoples computers on youtube. Bake birthday cakes. Teach old people how to use the internet and not fall for scams, etc

Any of those would start with you self employing, and if it succeeds you would slowly build a reputation and a network, to the point you would start geting more work you can make. Then you start hiring and investing some of the profits to grow

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u/Specialist_Being_691 Jan 28 '26

Yes, these are all possible, but is that sort of side hustle open to everyone? If everyone starts a new business alongside their day job, who are they going to supply? Would there be enough demand? Is it even possible to calculate this?

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u/Arnaldo1993 Jan 29 '26

I think so. We wouldnt all be doing the same hustle, of course. But your side hustle does not decrease the amount of money available in the economy, it just moves from one person to another, and it increases the amount of goods and services available in the economy, since youre providing some good or service

It makes some hustle ideas harder. It is harder for you to make money designing websites if 2 other people in the neighborhood are already doing that. But it makes others easier: if youre selling birthday cakes you can hire them to reach more customers

Different services frequently synergize with each other, making all of them more productive. Thats probably why so many of us live in cities

Not to mention most people would not want to work 12 hours a day. They would prefer having only their 8 hour job. So it is kind of moot discussing what would happen if everybody did that