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Re:A New Aristocracy [pdf] by cissou on Thursday August 20, 2015 @01:32AM (#10090154)
The article states "The excess educational investment [...] that children born into a typical one percenter household receive is equivalent, economically, to a traditional inheritance of between 5 and 10 million dollars per child": it _does_ cost money to provide this kind of environment. This is why the 1% gives birth to the next 1%, not because they're better than the rest (again, according to the article).
Re:A New Aristocracy [pdf] by analog31 on Thursday August 20, 2015 @01:41AM (#10090177)
Thanks. I hadn't thought of it in those terms.