Perhaps their chances as plumbers are slightly lower. But as businessmen and owners of the 100-person company, they have excellent odds of improving their futu

Perhaps their chances as plumbers are slightly lower. But as businessmen and owners of the 100-person company, they have excellent odds of improving their future. It grew to 100:1 with one owner. In a well-run business, each boy could work on expanding the business and hopefully balance that ratio back out as time progressed. And yes, technological innovations might be a concern. But the job of middle management might well disappear before the job of a plumber. Ask yourself which is easier to automate. Farming has been on such a course for a very long time. Quite evident if you look at the tiny percentage of the population that produces America's food today, compared with everyone growing their own only a few thousand years ago. On this and your point about productivity of capital vs labor, do you have a solution? Quite frankly, I've heard a lot of issues raised around this point, but few good solutions, let alone solutions that don't involve the government.