You're talking about investing here, right? — BitconnectCarlos
I'm using investing as the clearest example, but generalizing the principle to risk in general.
Someone with enough money can afford to invest in a bunch of different businesses (buy stocks) and weather the downturns in the hopes of long-term profit.
But also a person with enough to reserves to afford to fail can afford to start a small business, that will probably fail like most do, on the hope of maybe making it big as an entrepreneur. Those with even more money can afford to take even more stabs at that, and so have even better odds of eventually making it. Someone who's concerned about making sure they have enough rent on the 1st can't risk anything like that.
And a person like that can afford to take a better-paying job in a distant and more expensive city, a job which they might lose leaving them somewhere they can't afford with no social support system, because they've probably got the savings to either live there long enough to find a replacement job, or pay the cost of moving back somewhere else. Someone with no savings hoping they'll have enough for rent on the 1st can't afford that risk.
There are all kinds of risky life choices that can pay off more in the long term, that it would be unwise for people clinging to the edge of survival to attempt, because they can't survive the slightest stumble, whereas someone with plenty of money (or family with money) to fall back on can take those risks and live to try again.
Also, on the topic of ambition, and your conversation with
@apokrisis: society should be structured such that an unambitious person who just wants to stay at home and tend to their little garden can do so. As it is now, it takes enormous ambition to get out there and fight like hell for decades on end
just to get a little home, never mind a garden. A cutthroat capitalist society doesn't merely reward the ambitious with greater luxuries, it simply doesn't allow the unambitious to live at all.
I had real ambition when I was young. I was always told I was so smart and capable that I could do anything, and I had enormous plans for this huge multimedia franchise that I wanted to spend my entire life working on. You can see the outline of it on my website -- the mere outline is 60,000 words, so that should give you a sense of the ambition I was going for there. I tried with some friends to start a small company to get that going, all of us working for equity, trying to build a first small project (a project literally 0.4% the size of the complete franchise goal), and then sell that to fund the next one, but of course that failed.
Half a decade into my adulthood, I realized that that's just not the kind of thing that someone like me with no money can possibly accomplish. I had had multiple complete-resets of my life progress by then, due to unexpected large expenses brought on by poverty in the first place (I had to drive shitty cars, and couldn't afford routine maintenance, so they kept dying, so I had to buy lots of shitty cars). And after I had to move out of my dad's tool shed, and start paying someone else rent, I dreamed of just getting to a place in life where I could afford to go broke again without losing everything, where I could
survive not being ambitious.
So with great pain and reluctance I resigned myself to an "ordinary" life. Instead of trying to achieve great things, I would aim low, just try to secure my basic necessities like a house, just the minimal level of financial security, so I wouldn't be poor and on the verge of homelessness like my parents by the time my kids (that I then expected to have some day) were adults.
Half a decade later still, as I was approaching 30, and still nowhere near even
beginning to buy a house, I started looking at statistics, seeing how much things really cost, how much people really made, and realized how
fucking impossible it is for
anyone to achieve even that
bare minimum of security: the right to sit and starve somewhere without paying someone for the privilege. It was then that I realized that I wasn't statistically poor; I had, my entire life, been making around the median income. 50% of people were more poor than me. And yet even aiming low like that, just living an unambitious boring life, I had realized, was a pipe dream.
That's when I started getting really pissed off about the state of society, once I looked at the stats and saw that I wasn't a failure, I was doing better than most; that my problems were a systemic social failure, that was failing not only me, but almost everybody.