Income inequality = poverty. I've been studying worker-owned businesses (worker coops) as a means to correct this. Many boomer businesses are ripe for moving to worker-owned. Take a look at Richard Wolff's work on this:

[truthout.org]

I'd prefer a different system than capitalism with its many faults, but this is a good interim solution.

Words of wisdom.

That’s because the top 1% own our government, and thus us and our country. I hate to be a downer, but I really don’t see an end to this, UNLESS the Supreme Court changes its mind on Citizens United. So sad but true. ?

How do you break the circle? That is the question. The answer is likely different for everyone

Very true!! It costs more to be poor.

Cash machines that charge are always in poor areas, low incomes are more likely to get overdrawn byy small amounts still get charged , buying in bulk is cheaper ...more expensive things are the more extras are thrown in the list goes on

Schools do not teach delayed gratification, usury, investing, finance. Parents who are devoid of those lessons, ie great grand children of slavery, illiteracy, Jim Crow, segregation, red lining, etc are disadvantage from inception. A we have provided more information especially on the internet, exposure to the Oracles of wealth may infuse their sphere of inherited poverty with the lessons of success. One sees little of it in our immigrants who have 3 jobs ie steriotypical Jamaicans, those that employ their family to retain wealth ie steriotypical Koreans, purchase franchises ie steriotypacal East Indians Mr. Apu, restaurants ie steriotipical Greeks, ie my grandfather.

That brings a new meaning to 'the rich get richer and the poor get poorer'.

Plus it's inherited.

It's a vicious cycle and only getting worse as time goes on.