Re:Over 90% of Indian techies in the US are upper-caste Indians
by einpoklum on Tuesday September 22, 2020 @06:14AM
(#24552804)
This is definitely a problem, but not just the mobility is the problem.
If the economy is organized so that a small minority is rich, and the vast majority is poor, then even if the fraction of people of different castes, races, genders, whatever at each echelon of wealth is similar. And even if you have a good chance = uniform-distribution draw - of ending up as "one of the rich" - that chance can never be anything but lousy for the vast majority of people.
(Also, social inequality skews the focus of production and consumption so that things masses of people need and want just aren't available.)
If the economy is organized so that a small minority is rich, and the vast majority is poor, then even if the fraction of people of different castes, races, genders, whatever at each echelon of wealth is similar. And even if you have a good chance = uniform-distribution draw - of ending up as "one of the rich" - that chance can never be anything but lousy for the vast majority of people.
(Also, social inequality skews the focus of production and consumption so that things masses of people need and want just aren't available.)