3 ms·
I see and agree that education and support at the earliest levels of education are heavily correlated with inequality in elite outcomes. However, I think this h
by gen220 3y ago
I see and agree that education and support at the earliest levels of education are heavily correlated with inequality in elite outcomes. However, I think this has always been the case in American history, no?
There were brief periods where this wasn't true for the richest people in the US, but the majority of the top 1% has always been bred for the top 1%. If you accept that it's more or less constant and think that the magnitude of inequality is the bigger issue, this isn't necessarily a bad thing: as long as the top 1% continue to allocate capital effectively, and don't get too greedy (i.e. leave enough wealth for the rest of society to lead fulfilling lives / don't exacerbate the inequality gap).
For what it's worth, I think the primary issue today is that it's becoming increasingly difficult to live a "dignified life" (i.e. free from debt or peonage), unless you fall on the right side of the inequality distribution. That quality-of-life-burden is less severe of an issue in the other countries you mention. Unfortunately, expanding higher-quality education does not solve this problem.