Class Segregation 9of11 Would You Like To Know More?
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Social mobility has to do with the class relationship that you have upon your birth
and how easy it is for you to move out of that class during your life.
In other words, if you're born into poverty, how much of a possibility do you have to become wealthy?
Well, as you can see by this chart, the United States
home of the "American Dream" has the
lowest mobility rate
of all the countries in the sample set.
There are very high odds that if you're born into poverty, you will stay in poverty.
Likewise, if you were born into great wealth
you will stay wealthy most likely for the rest of your life.
And if you think about it, it's really a form of class segregation.
This reality can be blamed,
in part
on the very mechanisms of our financial
system which keeps the lower classes poor
and the upper classes rich, deliberately.
As a quick example of this:
if you have one million dollars and you put it into a C.D. at a bank with 5% interest
you're going to generate fifty thousand dollars a year
simply for that deposit, you are
making money off the money itself;
paper made on paper, nothing more,
no invention, no contribution to society, nothing.
That being denoted, if you are a lower to middle class person
who is limited in funds, which must get an interest-based loan
like most people, to buy their home or use credit cards
then you are paying interest to the bank
which the bank is then using, in theory
to pay the person's return with the 5% C.D.
Not only is this equation outrageously offensive, due to the use
of interest to steal from the poor and give to the rich
but it also perpetuates class stratification by its very design
keeping the lower classes poor, under the constant burden of debt
while keeping the upper classes rich with the means to turn access money
magically into more money with zero labor or social contribution.
This is only one mechanism, by the way, which is used
to make sure these class attributes
or class segregation, is maintained.
Would you like to know more?
www.thezeitgeistmovement.com