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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