> Its considered taboo to point out that income inequality is largely cultural.
I wouldn't say "cultural" because that's pretty loaded. My point is more that if there were something structural about the economy that kept people in their class (big banks, bad public education, etc.) you wouldn't see high mobility in certain sub-groups. There has to be other factors in play--who knows what they are. But I wouldn't assume they're necessarily "cultural."
I wouldn't say "cultural" because that's pretty loaded. My point is more that if there were something structural about the economy that kept people in their class (big banks, bad public education, etc.) you wouldn't see high mobility in certain sub-groups. There has to be other factors in play--who knows what they are. But I wouldn't assume they're necessarily "cultural."