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I thought this was common knowledge.
It appears not to be. Lots of people still think that all it takes to get ahead (i.e. do better than your parents) is to work hard.
Actually, it seems that the ones who work hard with the knowledge that there are no guarantees tend to do better. This is just something else for feel-good liberals to whine about, IMHO. But I guess it does clear the field for those who refuse to accept the status quo instilled by these types of "studies".
My parents were third world country immigrants that sacrificed so I can have a better life.
They were very influencial to how successful I am today.
The rich gets richer if you have the right parents. The poor gets richer if you have the right parents.
Yeah, I won the lottery of having successful poor parents that taught me the value of money and hard work.
It is a good thing they had the opportunity to immigrate.
Uhm, more like we escaped.
We are Vietnamese boat refugees.
But I still wouldn't change that experience. Some complain about living paycheck to paycheck as if that is real survival and poverty. Our family didn't complain because living paycheck to paycheck was still better than what we experienced. We never experienced real poverty again of a third world country after moving to US. We were still the poorest of the poor but our conditions were dramatically better.
It's all perspective. There's no chance that everybody will be given a fair hand in life. Take what you can and build on it.
Well, this presents some of the basic socialism versus capitalism debate issues. Some thoughts:Please discuss.
"Uhm, more like we escaped."
Umm, then good thing you had the opportunity to "escape". Your sob story does not change the fact that success and opportunity have a clear link.
You are expressing the exact attitude that places a limit to anyone's success. Go ahead and blame your environment.
My sob story is not a sob story. It's a success story. But like I said, it's all about perspective.
Go ahead and hold on to your perspective and see where it gets you.
"Go ahead and blame your environment."
Blame my environment for what? What do you assume I am blaming my environment for?
Just because you want to make this personal, does not mean you are right. I get so tired of people and their "sob" stories. This is not about my story, or your story, as there is mountains of data and research on this subject. "Success" has a noticeable correlation with money.
I'm not challenging the statistics. Sure it's true.
Still not sure why you're labeling my story as a sob story. I wouldn't call it that, but it is my story for the mere fact that I lived it. It is what it is.
Why is it relevant to this discussion? Because my parents didn't have wealth to begin with but they were still influential to my ability to be successful.
Your rejection of even one story that contradicts the narrative speaks for itself.
It's not a myth.I have found the idea that "working hard" is enough to earn wealth is very much a myth.....
Huh?Interesting that the stagnation began with Reagan and Thatcher; trickle-down economics and neoliberalism.
We should never have abandoned Keynes. The Austrians and Chicago boys are leading us on a road to serfdom.
While working hard towards flexible, attainable goals is laudable, social placement does give folks a leg up. Like, @Jeremiahcp said, I thought this was common knowledge.It appears not to be. Lots of people still think that all it takes to get ahead (i.e. do better than your parents) is to work hard.