Comment by margalabargala
6 hours ago
In the 1300s you could be broke but if you had the blue blood you still had power.
People today can become wealthy, and wealthy people can lose wealth, much much easily than nobility was created or revoked under feudalism.
There's objectively more social mobility. That's an improvement. Don't confuse "it's an improvement" with "it's an acceptable and desirable end state".
I don’t know. For some reason when I think of social mobillity I think of Genghis Khan.
Exactly. He's notable because he was so unusual.
How many people in the US have been born into a lower to middle class family, and gone on to make more than $10 million in the last 30 years?
Well, off hand, Bill Clinton, Obama and JD Vance all fit this rubric.
There are likely to be many other examples. These are just well known ones.