Economic inequality is a barrier to social mobility from "summary" of The Economics of Poverty and Discrimination by Bradley R. Schiller
Economic inequality can act as a significant barrier to social mobility in society. When there are large disparities in income and wealth, individuals from lower-income backgrounds may face challenges in moving up the social ladder. These inequalities can limit the opportunities available to those at the bottom of the economic hierarchy, making it harder for them to improve their circumstances and achieve upward mobility. One way in which economic inequality hinders social mobility is through unequal access to resources and opportunities. Individuals born into wealthier families often have access to better education, healthcare, and other resources that can help them succeed in life. On the other hand, those born into poverty may not have the same access to these resources, putting them at a disadvantage from the start. Furthermore, economic inequality can also lead to unequal access to social networks and connections. Wealthier individuals may have access to influential networks that can help them secure better jobs and opportunities, while those from lower-income backgrounds may lack these connections. This can further perpetuate the cycle of poverty and limit social mobility for disadvantaged individuals. In addition, economic inequality can create barriers to accessing important services and opportunities that are necessary for upward mobility. For example, individuals from lower-income backgrounds may struggle to afford higher education or job training programs that can help them advance in their careers. Without access to these opportunities, individuals may find it difficult to improve their economic circumstances and move up the social ladder.- Economic inequality can act as a significant barrier to social mobility by limiting access to resources, opportunities, and social networks that are necessary for upward mobility. Addressing economic inequality is crucial in creating a more equitable society where individuals from all backgrounds have an equal chance to succeed and improve their circumstances.