Ran across a statement in a discussion of declining social mobility in the US that these days the more equal societies have more social mobility.
I wonder if there's math working here. Consider the US--our top income class has been gaining wealth for some time now. It used to be the CEO earned 20 times (figure pulled out of the air) what the lowest paid employee in the company did. Now it's more like 100 times. Doesn't that make it more unlikely the employee will ever get into the top 20 percent of earnings?
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