To be fair this is at least an improvement over Medieval times when 'Might' meant 'ancestry'.
replyHow is this different to being born into wealth?
replyIn the 1300s you could be broke but if you had the blue blood you still had power.
replyPeople today can become wealthy, and wealthy people can lose wealth, much much easily than nobility was created or revoked under feudalism.
There's objectively more social mobility. That's an improvement. Don't confuse "it's an improvement" with "it's an acceptable and desirable end state".
I don’t know. For some reason when I think of social mobillity I think of Genghis Khan.
replyExactly. He's notable because he was so unusual.
replyHow many people in the US have been born into a lower to middle class family, and gone on to make more than $10 million in the last 30 years?
I still argue that our current capitalist system is nothing more than an extension of the Norman system. Only capitalist executives see even less of the humanity of their ‘customers’ and the damage from their policies/maximal extraction than medieval lords saw in the serfs of the village that their policies/maximal extraction impacted.
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