Americans overestimate social mobility in their country
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Re: Americans overestimate social mobility in their country
#2Lies promoted to divide us.
Re: Americans overestimate social mobility in their country
#3Social mobility is really hard to measure, but all else equal, I think America is the best place in the world for a poor person to become filthy rich (top 0.1%) but not the best place in the world for a poor person to simply transition to middle/upper class.
Re: Americans overestimate social mobility in their country
#4Social mobility is really hard to measure, but all else equal, I think America is the best place in the world for a poor person to become filthy rich (top 0.1%) but not the best place in the world for a poor person to simply transition to middle/upper class.
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Re: Americans overestimate social mobility in their country
#5This gives more context: https://www.aeaweb.org/articles?id=10.1257/aer.20162015
Re: Americans overestimate social mobility in their country
#6[deleted]
Re: Americans overestimate social mobility in their country
#7Social mobility is really hard to measure, but all else equal, I think America is the best place in the world for a poor person to become filthy rich (top 0.1%) but not the best place in the world for a poor person to simply transition to middle/upper class.
Basically literally a lottery.
Re: Americans overestimate social mobility in their country
#8America is being attacked by pervasive narratives like this. News rags the whole world over are shitting on us, meanwhile authoritarian regimes are rising to power. It's a narrative dismantling, and we're being played like fools.
America is still the best country in the world to start a business and take risks.
America still has more freedoms (speech especially) than most of the world. (Side note: The left wants to put more restrictions on speech, which is horrible, because Republicans will swing back into power and use it in the other direction.)
America holds NATO together. Europeans don't give us enough credit. And they're replete with their own crises to always be pointing the finger.
We need more unity. This division by ideology and class is giving us short sightedness and blunting our ability to make sound investments in the future.
Globalism is something that should be reevaluated. Our capital is being invested into the capabilities of rivals, and it doesn't pay dividends. Americans have been turned into buyers of cheap plastic goods, and we've lost the ability to make our own critical components and wares. Huge mistake, driven in part by these narratives.
We're optimists, but the media is telling us not to be. They want us to yell at each other and drive ourselves into the dirt.
Re: Americans overestimate social mobility in their country
#9Social mobility is really hard to measure, but all else equal, I think America is the best place in the world for a poor person to become filthy rich (top 0.1%) but not the best place in the world for a poor person to simply transition to middle/upper class.
I think it would be easier to become "filthy rich" for a poor person when they start in a nation with free healthcare and education. Because both of those things have a big chance of impacting your poor person's career lastingly if they don't have luck.
Most of the 0.1% inherited their wealth or at least came from an well educated background.
Re: Americans overestimate social mobility in their country
#10Social mobility is really hard to measure, but all else equal, I think America is the best place in the world for a poor person to become filthy rich (top 0.1%) but not the best place in the world for a poor person to simply transition to middle/upper class.
Oddly enough, what you just described, is a pretty good model of a country with a powerball lottery.
Oops, this is the second post to say basically the same thing.