Just replace "land" with "means of production" and you have updated your agrarian model to an industrial one. I don't think education is quite as important as

Just replace "land" with "means of production" and you have updated your agrarian model to an industrial one. I don't think education is quite as important as it is made out here, rather it is a confounding factor. Owning the means of production (being rich) is what makes you rich(er). The import of education applies mostly to the middle class.