More on American Inequality and (Lack of) Opportunity

November 17th, 2011

The data is in, again, some more (follow links to related posts, below, for much more): high inequality correlates with low opportunity to climb (or descend) the ladder.

The U.S.? Meritocracy resides elsewhere. (Think: Denmark.)

the United States is among the most unequal and the least mobile of the rich countries, with about 50% of a father’s earnings advantage (or for that matter disadvantage) being passed on to the son.

In Canada this is about 20%, less than half the US figure.

Inequality and Occupy Wall Street 5: decline of the American Dream « milescorak.

  1. Olav Martin Kvern
    November 18th, 2011 at 00:55 | #1

    I’d thought that the Presidency of George W. Bush had ended this argument forever?

    Thanks,

    Ole

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