For the map enthused!
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How is that calculated? 6 generations is 150 to 180 years. What do these numbers mean? What happens to a family after 3 generations? Is it then slightly up in the bottom 10%? Does it apply to all successors of the first generation? Who then is then after 6 generations the bottom 10%???
What about that one child in the poor family that makes “it” despite the dire outlook? Does it break that map??
Who have stats on my family 5 generations ago to know if where they sit in the national wealth scale of that time? (of a nation that did not even exist back then)
I guess I count as the first generation in my family to reach the mean income, and am the first to have a “proper” office job.
One of the things that I think holds people back most is the lack of office job etiquette and general work skills you can pick up from your parents for these sorts of jobs. My mother is an extremely hard worker, but all her advice and ideas about how to go about work just don’t apply.
It wasn’t until I got into my first office job that I looked around at other people and saw how they went about their work that I started to understand how you can do well in these environments. And I feel like people with parents who were already in these sort of roles were far better equipped to hit the ground running, and were already pushed in the right direction from an early age.
I find this data very suspect. Greece is one of the poorer countries in the EU and somehow it takes fewer generations than far more rich countries like France and Germany? The only thing that makes sense is that they mention the mean salary, so Greek wages are so low that you don't need much to get up into the mean salary range, I guess.
It doesnt matter as much how high your wage is relative to other countries, when i suffices to afford a middle class life in your country.
Germany is particularly bad, because we have a class segregated high school system and the assistance systems to help low income households to get their kids to study at an university are reaching less people and are also insufficient because the rates were not adjusted to inflation. Oh and also thanks to many loopholes in the inheritance tax rich people can inherit without taxation whereas middle class people have to pay taxes. Finally eastern Germany was colonized and sold pennys on the hundred dollar bills to the western German Elites, creating a huge wealth disparity where most people are simply prized out of investing into anything lasting.
You just answered your own question
It is sad that it takes so many generations.
It doesn’t even make sense.
So on average, the lineage in the bottom 10% needs 100+ years just to get to average pay? Does this mean the average is moving down or that the peoples wage is moving up?
