> ....and your chances of being able to do those things (without severe risk of poverty and homelessness) are increased dramatically by having been lucky enough to be born wealthy, or at least upper-middle-class.
...and yet, all poor people know it by heart (unless they were born into a rich family that has just fallen from grace), , because it's totally true.
For more good insight: wealthy families know a lot more about how to make money when you have some money. Poor families know a lot more about avoiding the risk of being totally broke from an unlucky event, because they know they'd be totally unable to recover from it (not having the safety net of education and wealthy contacts that the upper-middle class have even when they go broke).
Somewhat true except for the fact that education isn't fixed. It's a variable that changes.
You might start with little wealth and accumulate education on your journey. Therefore in the early years when you lose wealth it's difficult to accumulate more, but over time it can become easier as you are more educated and experienced.
Having little wealth when young also allows you to live on very little - when combined with an education you can use this very nicely to say bootstrap a product.
That's some good insight porn right there!