Let me break down how the wealth is distributed throughout the masses.
You got the lazy or unfortunate people at the bottom. They choose or for some reason are not able to participate in the marketplace at a certain level, so they fall into poverty.
Then you got the employees, the majority that works the 40 hour weeks we mentioned earlier and who are getting paid by the hour. These make up the middle class. – Of course there are subsections to each of these, but we like to keep it simple.
Then there are the people who pay the middle class for their 40 hours weeks. These are the people who pay themselves. They write their own checks for however much they need or is left at the end of the fiscal year.
Poor people can jump into the middle class if they are willing to work and get paid by the hour.
The middle class can improve their situation, by either specializing – meaning you get paid more per hour – or by working insane hours.
The people at the top get paid to solve big problems which involve hundreds if not thousands of people and moving pieces. They get paid based on their solutions, creativity or vision.
If you are paid by the hour, you have ceiling above your head, a limited number of hours you can work in a day. This is one of the rules of the game: there are only 24h in a day and you can't get paid for more than that. The only method is to level up.
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15 things you will never be rich
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