Quote:
Originally Posted by Cynthetiq
what is it about our culture that allows someone to come from nothing and make something of themselves in one single generation and be able to pass that onto another generation if they so choose. Check the dot com millionaires and surprisingly they all seem to say they want their kids to EARN it instead of having it handed down to them.
that's a fundamental difference in culture right there.
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The US (and the UK, too) are among the developed nations with the least social mobility. The intergenerational correlation of income is much, much higher in the US (and the UK) than in Sweden, Germany, Norway, Finland and Denmark, for example.