So as income falls into a more uniform distribution (more folks have access to most common jobs) we see 'mobility' decrease. The same as 'lifespan mobility' has decreased (folks no longer living longer than their parents). Its a good thing.
So as income falls into a more uniform distribution (more folks have access to most common jobs) we see 'mobility' decrease. The same as 'lifespan mobility' has decreased (folks no longer living longer than their parents). Its a good thing.
Income mobility affects you your entire life, and where you are is measured constantly. So no, it's not a good thing - because it means that if you're born poor, you stay poor. Calling it a good thing is the same thing as saying "more babies dying is great, it evens out the distribution to be more uniform, it's a good thing!"
And no, the distribution is not "uniform". If you bother to look at the data at all, you'll see that it approaches a pareto distribution. Awesome if you happen to be one of the few rich or well-off. Sucks if you're one of the vast majority of people who barely make ends meet, and who are now, due to decreased mobility, stuck there for the rest of their lives.
Decreased income mobility is only good for people who have a good income. And those are currently significantly outnumbered by people who don't. Traditionally, situations like this tend to end in war, revolution, or dictatorships. Really not what I'd file in the "good thing" category.
The only way to make it a good thing is to increase the amount of people with a liveable income. Hence all the discussion around universal basic income going on recently. But until that (or some other kind of reduction of inequality has happened), reduced mobility is really, really, really bad.
Its also useful to consider that the 3rd world has been kept the way it is for centuries, so claims that it could never be implemented in the USA or would never be stable/permanent state of affairs is pretty comical level unrealistic.
Finally WRT apocalypse claims, you have to realize that over a long term and from far away, Central and South America look pretty messed up, especially compared to "us" where "us" is the former western civilization, rapidly intentionally self destructing. Yet, their people none the less do a lot of smiling, their reproductive success is higher than ours, their lifespan isn't that much shorter... Americas future looks a lot more like Venezuela than Venezuela's future looks like America, and that's not really all that bad. The future is going to suck, and yes it will be entirely our fault, but its hardly the end of the world.
Look, you make your national political, economic, trade, immigration, frankly "all" policies to turn the USA into Brazil, don't act all surprised when USA starts looking like Brazil with Brazil reduced income, Brazil reduced public services, Brazil housing affordability, Brazil rape and murder rate, Brazil economic mobility. Brazil's got problems, but don't forget as USA dies and turns into Brazil, that Brazil's got plenty of good parts too. The powers that be want it this way and you're not stopping it but you can try to get ahead of the curve. So assuming the USA turns into Brazil what do you do today, so your kids do better in the Brazil-like USA of 2070 than some imaginary dead USA that will never exist in 2070? A cross cultural lesson is nobody ever got ahead in the world by endlessly ruminating on how unfair some awful disaster is unfolding. You can work on thriving in a Brazil-like USA of 2070 or you can feel really really bad about it, now let me know which is more likely to turn out well in the long run.
If there is an uneven income distribution, to decide that low mobility is fair, you need some other explanation for why people aren't moving from say, the bottom quintile up to the other quintiles.
For example, in a cartoon world where income outcomes are entirely random, you'd expect 80% mobility from each quintile.
Either way in a country as rich as the United States there should never be hunger, fear of homelessness or other poverty generated afflictions we suffer here.
In addition people are born with different cognitive skills, should those born with average intelligence automatically be doomed to lead lives of poverty compared to others?
I'm not advocating asset seizures but we as a nation can do better.
> should those born with average intelligence automatically be doomed to lead lives of poverty compared to others?
Nobody born with average intelligence is doomed to a life of poverty so I'm not sure what the point of that straw man is. I think it's a fact of life that someone of average intelligence will have a harder time amassing great wealth than someone of exceptional intelligence. I'm pretty sure my intelligence is at best slightly above average and I don't see anything wrong with that.
Have you ever interacted with the under-privileged? Plenty of smart people feel their lives are doomed because of the way society is structured against them.