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
> How much social mobility we talking? ([...] 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 (…
Going back farther, 120 years ago cars were the play thing of the super rich. Now the poor have much nicer cars (including options like electric start, not to mention the unheard of AC), that are fast and never break (by todays standard they break down all the time).