Re:What happens when a culture is driven by the need for mon...
by samscully on Wednesday November 11, 2015 @03:12PM
(#10548952)
The Great Gatsby curve [1] suggests that increasing inequality may lead to lower social mobility. The further apart the rungs are on the ladder, the harder it is to climb.
As a counter example, it's incredible to compare the abject poverty of, e.g. Asian immigrants to the US with the relative wealth of their first-generation American children. That's happening alongside rising inequality, but it's definitely not "the rich getting richer."