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"Thus while the Swedish middle class is large and has a compressed earning distribution, at the very top you have a small number of aristocratic families contro
by a0-prw 8y ago
"Thus while the Swedish middle class is large and has a compressed earning distribution, at the very top you have a small number of aristocratic families controlling much of the wealth. Mobility into this group is rare, probably rares than it is in the United States. One reason are stronger informal class-barriers, merely earning wealth is not enough to be accepted a member of the aristocratic upper-class. Another more interesting reason may be the unintended effect of welfare-state economic policies."
Patent bullshit. Wether or not you move into the "aristocratic" group is irrelevant if you control the wealth. Is the article about wealth inequality or snobbery ?