Why it s harder to earn more than your parents

In the 21st century it s got harder to earn more than your parents and to climb the social ladder. What s gone wrong, and what can be done to change this? Film supported by @mishcondereya 00:00 - Why it s harder to get rich if you re born poor 03:29 - Social divisions are increasing within society 04:11 - Changing patterns of social mobility over time 05:41 - Education as a determinant of social mobility 09:16 - Class barriers to further education 10:48 - Levelling the playing field 13:59 - Social inequality starts from birth 18:05 – Where you grow up matters 19:23 - The ‘opportunity atlas’ of America 21:48 - The importance of social capital 24:14 - What can governments do? Read our latest coverage on the US: https://econ.st/3cuNLac Listen to our podcast on Social mobility and the American Dream: https://econ.st/3wWlSl2 Sign up to The Economist’s daily newsletter to keep up to date with our latest stories: https://econ.st/3gJBH8D How has Covid-19 impacted inequality? https://econ.st/3oI9e5u Watch our video on how modern families increase inequality: https://econ.st/32fJcin Is the American elite born or made? Read how colleges affect social mobility in America: https://econ.st/3ntqTyr Listen to, or read about how Britain is witnessing a jump in university attendance: https://econ.st/3HCgPej Americans overestimate social mobility in their country: https://econ.st/3DwdnQa The Democrats’ social-spending package cannot repair the American Dream: https://econ.st/3kNmHro Two leading economists disagree about the flagging American Dream: https://econ.st/3oYrOXh New data show that joining the 1% remains unsettlingly hereditary: https://econ.st/3nq6FWe How helping families relocate could increase economic mobility: https://econ.st/3CtXWqc The extent to which children’s futures depend on where they live: https://econ.st/3qTyqIP Why legacy places should be abolished: https://econ.st/30LAvvE