2023-07-05 15:15:02
Is the social elevator broken? While the income inequality have been widening for several decades, social mobility is marking time. People at the bottom of the ladder find it more and more difficult to climb the ladder, while the most grosses fortunes generally manage to increase their wealth.
A study of the OECD looked at the average number of generations needed by people born in the poorest families (among the poorest 10%) to reach the average income level in their country.
With 6 generations required, France is one of the worst performers in the OECD – the average of the 30 countries analyzed being 4.5 generations. I’Germany does not stand out for its social mobility either, while the rise is on average a little faster in the United Kingdom, Italy and Switzerland (5 generations), as well as in Spain and Belgium (4 generations) .
Among the OECD countries studied, the prize for social mobility goes to Denmark, where 2 generations are enough on average for an individual from a modest background to reach the average income level. Conversely, it is in Colombia that the strongest inertia is measured (11 generations to rise to the average income), a country which offers comparatively few prospects for social ascent.
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#Graphic #social #elevator #broken
