2 ms·
Not really, no. The American aristocracy tends to have a lot of capital, but has been pretty exclusionary toward those without that aristocratic background. Les
by Matticus_Rex 7y ago
Not really, no. The American aristocracy tends to have a lot of capital, but has been pretty exclusionary toward those without that aristocratic background. Less than parts of Europe, but it's the same beast. America has historically had pretty high income mobility. In my area the majority of capital owners are not from the upper classes.