Originally posted by Last Conformist
Dec 29 2004. I believe the article title was "Faltering meritocracy in America".
Dec 29 2004. I believe the article title was "Faltering meritocracy in America".
The "unmeritorious" distribution of wealth in the US appears to stem from a different cause than in Sweden. While in the US, sons' income follows their fathers' more closely than in Swe (because of supposed unequal opportunities); in Swe income differences have little effect on differences in wealth (and presumably financial security and living conditions to some degree)
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