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Originally Posted by grizy
I think the racial wealth gap is important enough to be worth highlighting that way, but I agree you can also conceptualize it as an issue of class with similar accuracy (leaving aside some real issues of discrimination).
I also think you can talk about cultural capital and "competency" but the important point is it's not just competency as if the poor could just learn to get the "good debt" if they wanted, e.g. when they mention "title loans vs. American Express" and the like. Of course there are also legitimate reasons for different terms on debt, but it's a hard problem given the way it creates a feedback loop.