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Social Mobility

http://www.nytimes.com/2012/01/05/us/harder-for-americans-to-rise-from-lower-rungs.html?_r=2&pagewanted=all

 

SO this article makes the case that there is not much social mobility in the US, but to me it is striking how much social mobility there is at all. So the graph shows that below than half of men raised in the bottom fifth of society stay there. The rest move on elsewhere. That means that a majority actually do have social mobility (albeit a slim one). I don’t get wy this number is thought to be a low one, to me it is very high. After all if there is absolute mobility that means that as many people are falling into the lower fifth than those leaving it.

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