Having spent his childhood as a (white) minority in a New York housing project Conley has the creds to postulate "why some people get ahead and others fall behind". His conclusion:
"Only two measurable socioeconomic aspects of the parents really matter in predicting who succeeds: the parents’ education, which is the most important, and the family’s wealth, which is the second most important. By “wealth” I don’t mean how much the parents make a year. I mean net worth, including savings, property, and other financial resources."
My takeaway is that a healthy society would want all of its members to get ahead socially, financially, and physically because the beneficial effects are pervasive and compounded. A sick society thinks life is a zero sum game with the already powerful lavishing rewards upon rewards upon rewards upon themselves at the expense of the rest of the society & The Commons. The resulting negative effects of which are also pervasive and compounded.
This is why I support the following macroeconomic policies:
- Universal single payer healthcare
- Free education for anyone with the ability and work ethic, all the way through graduate school, including law and medicine
- Elimination of for-profit home financing. If banks can borrow money at near zero interest then homeowners should be able to as well
- Reversal of the legal precedents granting personhood to corporations and equating money with speech
Your Constructive Comments are Welcome!