There’s been an ongoing conversation for years in America over the issue of wealth inequity, given that the richest one per cent possesses more than a third of the nation’s wealth.

Billionaire rap mogul Jay-Z is a proud member of that one per cent, and in a rare conversation on Twitter Space he insisted that capitalism shouldn’t be seen as a bad thing.

“Yeah, we not gone stop. Hip-hop is young. It’s still growing. We not falling for that tricknology the public puts out there now. Before it was the American dream. ‘Pull yourself up by your bootstraps. You can make it in America,’” he said.

READ MORE: JAY-Z Clears Up Retirement Rumors, Says He’s ‘Not Actively’ Making Music But ‘Open To Whatever’

“All these lies that America told us our whole life and then when we start getting it, they try to lock us out of it,” he continued. “They start inventing words like ‘capitalist’ and things like that. We’ve been called ‘n—ers’ and ‘monkeys’ and s–t. I don’t care what words y’all come up with. Y’all gotta come with stronger words.”

Discussing his own “evolution” from impoverished rapper selling his CDs on street corners to becoming one of the music industry’s more powerful figures, he insisted that nobody should be made to “feel ashamed to be successful in a place that set up a system for us to be dead at 21… Y’all locked us out. Y’all created a system that, you know, doesn’t include us. We said fine. We went our alternate route. We created this music. We did our thing, you know, we hustle, we f—ing killed ourselves to get to this space. And, you know, now it’s like, you know, you know, ‘Eat the rich,’ and, man, we’re not stopping.”

Despite his assertion, Jay-Z was hit with backlash on Twitter; here’s a sampling.