Thread: Economics Class
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      01-07-2012, 11:09 AM   #26
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Quote:
Originally Posted by Hisam135i View Post
I dont understand how people don't get this lol.. In any class structure in a society where one group is above another, the group that is on top usually caries the benefits of being on top for 5-6 generations if something goes wrong for them I.e. lose money; and the benefits they have include things such as high end contacts which later help make even more money. Also the lower classes will usually carry the burden of being in the lower class for 5-5 years as well, the burden being of debt, poor contacts etc., besides the exceptions of over night millionaires or professional athletes. In my opinion this is by far more of a sociological issue then economical issue. And also in any class structure where social mobility exists, no one would work in harder fields such as being a doctor without a big reward other wise why would anyone work 20x as hard as someone working at McDonalds and get paid the same as them, it just doesn't make sense lol.. I'm a double major in Econ/Finance
+1, Exactly
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