Earlier quoted context omitted.
How much social mobility we talking? Statistically nobody goes from trailer park to billionare by working hard. You have very, very, good odds of doing better than your parents if you manage to get to age 25 without incurring a felony record, addiction to something that will likely kill you or too many child support payments. edit: I'm only talking about the US
> You have very, very, good odds of doing better than your parents if you manage to get to age 25 without incurring a felony record, addiction to something that will likely kill you or too many child support payments. That is a laughably low bar, and it is unlikely for the trend you are describing to continue past the move from poor to lower middle class. In a fair society, with equality of opportunity, it should be…
Survey shows people no longer believe working hard will lead to a better life
211–220 of 715 posts
Re: Survey shows people no longer believe working hard will lead to a better life
#212Starting conditions (where one was born, levels of wealth and opportunity there, one's parents' education and jobs) are shockingly predictive about an individual's future. Hard work leading to social mobility has always been the exception, not the rule. Most will not beat the odds since if they did, those wouldn't BE the odds. A lot of us are just so deluded by survivorship bias borne of listening only to success sto…
How much social mobility we talking? Statistically nobody goes from trailer park to billionare by working hard. You have very, very, good odds of doing better than your parents if you manage to get to age 25 without incurring a felony record, addiction to something that will likely kill you or too many child support payments. edit: I'm only talking about the US
My college US history course ~20 years ago very much drove home the fact that (at least at the time) social mobility in the US was the same as in India. The surprise, of course, was that India has a caste system, while the US narrative is freedom; if you work hard, you’ll get ahead.
I don’t remember the sources, but the rate of social mobility (up and down) we learned in class was ~20%, as defined by ending up in a different quintile than one was born in, meaning put people into 5 categories according to socioeconomic status, and see whether they ever change categories, for example going from middle class to upper middle class.
Wikipedia says that overall average social mobility in the US hasn’t changed since then. https://en.wikipedia.org/wiki/Socioeconomic_mobility_in_the_...
Re: Survey shows people no longer believe working hard will lead to a better life
#213Starting conditions (where one was born, levels of wealth and opportunity there, one's parents' education and jobs) are shockingly predictive about an individual's future. Hard work leading to social mobility has always been the exception, not the rule. Most will not beat the odds since if they did, those wouldn't BE the odds. A lot of us are just so deluded by survivorship bias borne of listening only to success sto…
Do you honestly believe this? What would you tell this to someone who wasn't born into wealth or opportunity? You're pretty much screwed, don't bother? What impact do you think teaching nihilism has on children? I don't believe its true, but even if it were, it's not a useful model for life.
Re: Survey shows people no longer believe working hard will lead to a better life
#214Earlier quoted context omitted.
How much social mobility we talking? Statistically nobody goes from trailer park to billionare by working hard. You have very, very, good odds of doing better than your parents if you manage to get to age 25 without incurring a felony record, addiction to something that will likely kill you or too many child support payments. edit: I'm only talking about the US
> You have very, very, good odds of doing better than your parents if you manage to get to age 25 without incurring a felony record, addiction to something that will likely kill you or too many child support payments. That is a laughably low bar, and it is unlikely for the trend you are describing to continue past the move from poor to lower middle class. In a fair society, with equality of opportunity, it should be…
That’s only if you assume there isn’t a generic component to traits that influence (broadly defined) success. But of course that’s not true.
We should expect Bill Gates to be much more intelligent, conscientious, and to have much better impulse control than typical people living in a trailer park. Ditto for many other traits. Therefore it’s much more likely that his children posses these traits compared to children born in trailer parks.
Re: Survey shows people no longer believe working hard will lead to a better life
#215Earlier quoted context omitted.
The Wall Street Journal has a great infographic here comparing how many hours of worth it would take to pay median rent today versus in 1968: https://www.wsj.com/articles/how-much-does-the-federal-minim... Spoiler: it’s not pretty.
A better comparison would be the price per square foot. The median rent today buys a MUCH larger (and nicer) house than it did in 1968. The average house in the US has increased by 1,000 square feet in the last 50 years. https://www.aei.org/carpe-diem/new-us-homes-today-are-1000-s...
Re: Survey shows people no longer believe working hard will lead to a better life
#216Every morning, I get up at 5, and go for a two-mile walk. Often, my walk coincides with the route of the garbage collection truck. Man, those dudes work hard . It makes my shoulders ache, just watching them. They are fast, energetic, efficient, and precise. Around here, they are generally Latinos, and they have quite high-paying jobs, compared to a lot of their peers. It's a dirty, dangerous job, and the benefits are…
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Are they not using wheelie bins with trucks that do the lifting? https://www.youtube.com/watch?v=IUA_gB5SuPc These have been the norm in West Europe for easily a decade plus.
Re: Survey shows people no longer believe working hard will lead to a better life
#217Earlier quoted context omitted.
How much social mobility we talking? Statistically nobody goes from trailer park to billionare by working hard. You have very, very, good odds of doing better than your parents if you manage to get to age 25 without incurring a felony record, addiction to something that will likely kill you or too many child support payments. edit: I'm only talking about the US
I don't really know the stats, but I'm curious if this is true. Yes, GDP has been going up for a long time in many countries, and so the "average wealth" of each generation is going up. However, is the same true for purchasing power? Sometimes you hear about these mythical stories of janitors who could afford to actually buy a house, despite having two children and their partners being stay-at-home moms. And yet toda…
Re: Survey shows people no longer believe working hard will lead to a better life
#218Earlier quoted context omitted.
> You have very, very, good odds of doing better than your parents if you manage to get to age 25 without incurring a felony record, addiction to something that will likely kill you or too many child support payments. That is a laughably low bar, and it is unlikely for the trend you are describing to continue past the move from poor to lower middle class. In a fair society, with equality of opportunity, it should be…
>That is the normal social mobility we should expect in a democratic society That might be what we expect from a perfectly egalitarian society, but expecting any free, democratic society to come even close to perfect egalitarianism is completely delusional.
Re: Survey shows people no longer believe working hard will lead to a better life
#219Earlier quoted context omitted.
How much social mobility we talking? Statistically nobody goes from trailer park to billionare by working hard. You have very, very, good odds of doing better than your parents if you manage to get to age 25 without incurring a felony record, addiction to something that will likely kill you or too many child support payments. edit: I'm only talking about the US
I guess the implication is that only a small minority of poor people are trying hard enough to avoid these scenarios, but if the reality reflects that most don't, what is the role of willpower or 'managing' here?
Re: Survey shows people no longer believe working hard will lead to a better life
#220Starting conditions (where one was born, levels of wealth and opportunity there, one's parents' education and jobs) are shockingly predictive about an individual's future. Hard work leading to social mobility has always been the exception, not the rule. Most will not beat the odds since if they did, those wouldn't BE the odds. A lot of us are just so deluded by survivorship bias borne of listening only to success sto…
Starting conditions help tremendously, and I'm not doubting that in the least. One other thing which helps, significantly, is how much the parents value education. Most of the people I know who grew up very poor but now have money had parents that valued education, and pushed their kids to learn. They didn't have shelves of books at home, but they did visit the library weekly. It has to be extremely difficult to focu…
I think that's the question, and usually that's because they were born in the wrong place, at the wrong time or under the wrong regime. When their kids are born, it's a different perhaps better time, so better starting conditions, and they now have a chance to succeed. The anomaly is corrected.
But those are anomalies, it's exceptional. I think the issue is when you take two people born in the same town, at the same time, and both work equally hard, except one has the parents to give them a head start in everything and the other doesn't. Maybe one will eventually make an average salary in a local company, while the other will have his own company.