Why it’s harder to earn more than your parents | The Economist

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In the 21st century it’s got harder to earn more than your parents and to climb the social ladder. What’s gone wrong, and what can be done to change this? Film supported by @Mishcon de Reya LLP

00:00 – Why it’s harder to get rich if you’re born poor
03:29 – Social divisions are increasing within society
04:11 – Changing patterns of social mobility over time
05:41 – Education as a determinant of social mobility
09:16 – Class barriers to further education
10:48 – Levelling the playing field
13:59 – Social inequality starts from birth
18:05 – Where you grow up matters
19:23 – The ‘opportunity atlas’ of America
21:48 – The importance of social capital
24:14 – What can governments do?

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Listen to our podcast on Social mobility and the American Dream: https://econ.st/3wWlSl2

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How has Covid-19 impacted inequality? https://econ.st/3oI9e5u

Watch our video on how modern families increase inequality: https://econ.st/32fJcin

Is the American elite born or made? Read how colleges affect social mobility in America:

Listen to, or read about how Britain is witnessing a jump in university attendance:

Americans overestimate social mobility in their country:

The Democrats’ social-spending package cannot repair the American Dream:

Two leading economists disagree about the flagging American Dream:
New data show that joining the 1% remains unsettlingly hereditary:

How helping families relocate could increase economic mobility:

The extent to which children’s futures depend on where they live:

Why legacy places should be abolished: https://econ.st/30LAvvE”



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