If I had had an economics professor like Dr. Sowell, I would not have hated the subject nearly as much.
The new trinity among liberal intellectuals is race, class and gender. Defining any of these terms is not easy, but it is also not difficult for liberals, because they seldom bother to define them at all.
The oldest, and perhaps still the most compelling, of these concerns is class. In the vision of the left, we are born, live, and die in a particular class -- unless, of course, we give power to the left to change all that. The latest statistics seized upon to support this class-ridden view of America and other Western societies show that most people in a given part of the income distribution are the children of other people born into that same part of the income distribution.
Among men born in families in the bottom 25 percent of income earners only 32 percent end up in the top half of the income distribution. And among men born to families in the top 25 percent in income earners, only 34 percent end up down in the bottom half.
How startling is that?
More to the point, does this show that people are trapped in poverty or can coast through life on their parents' wealth? Does it show that "society" denies "access" to the poor?
Could it just possibly show that the kind of values and behavior which lead a family to succeed or fail are also likely to be passed on to their children and lead them to succeed or fail as well? If so, how much can government policy -- liberal or conservative -- change that in any fundamental way?
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