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> 1) The composition of the 1%, 0.1%, 0.01%, etc. never changes -- not in generations. I.e. there's an entrenched aristocracy. Leave 1% out of this. Any couple
by chime 13y ago
> 1) The composition of the 1%, 0.1%, 0.01%, etc. never changes -- not in generations. I.e. there's an entrenched aristocracy.
Leave 1% out of this. Any couple making 150k each fits in that. That means anyone with a college degree, 15-20 years of experience, and senior managerial position. Also included in this are doctors, lawyers, and engineers. There is a lot to be said about mobility and meritocracy but I don't think you get to be a senior engineer or doctor solely because your parents were.
- gbhn 13y ago> I don't think you get to be a senior engineer or doctor solely because your parents were. True enough. But yet... I'm a senior engineer. My parents were in the medical profession. I had a lot of help going to school (not all paid for, but I graduated without significant debt). I was encouraged in my study and shielded from a lot of disruptive factors by a stable home life, which in turn is related to the stable financial situation my parents had. I'm not disavowing responsibility -- I worked hard! But I'm also conscious that that happened in an environment that was specifically and consciously tuned (thanks, Mom and Dad!) to enable me to do it.
- deleted 13y ago[deleted]