What Is the Minimum Investment Needed to Achieve Social Mobility?

by Charles Hugh Smith
Of Two Minds

For those without an inside track, high social/cultural skills are an essential foundation.

Long-time correspondent Bart D. (Australia) posed a profound question: what is the minimum investment (in time, money and effort) needed to ensure one’s children have social mobility, i.e. a cultural/social passport to upper-middle class opportunities?

This chart illustrates why the question matters: those in the top rungs of the social mobility ladder are earning far more than the bottom 90%, and their opportunities to achieve more and earn more are also much higher.

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