30 Views· 13 July 2022
Why it's harder to earn more than your parents | The Economist
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?
Read our latest coverage on the US: https://econ.st/3cuNLac
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:
https://econ.st/3ntqTyr
Listen to, or read about how Britain is witnessing a jump in university attendance:
https://econ.st/3HCgPej
Americans overestimate social mobility in their country:
https://econ.st/3DwdnQa
The Democrats’ social-spending package cannot repair the American Dream:
https://econ.st/3kNmHro
Two leading economists disagree about the flagging American Dream:
https://econ.st/3oYrOXh
New data show that joining the 1% remains unsettlingly hereditary:
https://econ.st/3nq6FWe
How helping families relocate could increase economic mobility:
https://econ.st/3CtXWqc
The extent to which children’s futures depend on where they live:
https://econ.st/3qTyqIP
Why legacy places should be abolished: https://econ.st/30LAvvE
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