The core issue in market heavy economies is that people with money make money and everyone else doesn't. Being smart and hard working and having poor parents means you will be poor. Being dumb and lazy with rich parents means you will be rich. Maybe with 3 or 4 full generations of nothing but hard work and luck you might make it up from working to middle class. Maybe. This is never really discussed directly. Only usi…
It's frequently brought up in radical leftist discourse* (marxism, anarchism, etc…) or even center-left discourse (social democracy, social liberalism, etc…). AFAICT it seems to be taboo outside these circles. * I should mention that many people make big point that you shouldn't use economic points like this to ignore things like racism, i.e.: while racism intersects with economics you can't treat it like it's the sa…
I also should have been clearer: racism is definately also a factor. Poor minorities fare so badly because they get both racism AND classism (or whatever the appropriate term is for the natural increase of both wealth and poverty).
I think one of the major upsides of the cold war was that western countries were very eager to show we could do better than those dirty commies. That birthed all sorts of programs to give people a chance of improving their lots. Most of those are dead now.