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A comment on Two leading economists disagree about the flagging American Dream. Parent comment
His point is that true social mobility would be literally hitting the random button repeatedly. It's obviously not a workable idea.
Someone has to lose, even if you perform a magical full reset once per year, in any given year half of the people will be below average.
The goal of course is that we make sure that everyone has a decent life even if they're not at the top.
I think you've jumped on his comment and assumed that he doesn't care at all about anyone who's not in the top N% which isn't a charitable reading.
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His point is that true social mobility would be literally hitting the random button repeatedly. It's obviously not a workable idea.
Someone has to lose, even if you perform a magical full reset once per year, in any given year half of the people will be below average.
The goal of course is that we make sure that everyone has a decent life even if they're not at the top.
I think you've jumped on his comment and assumed that he doesn't care at all about anyone who's not in the top N% which isn't a charitable reading.