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Markus Jäntti, a Finnish economist at the University of Helsinki, who with his colleagues looked at inherited disadvantage—in other words, how much worse your chances are for success if you’re born into a low-income family. They found that in the United States, 40 percent of men who were born into the lowest income bracket stayed in it. In the Nordic countries, that figure was only 25 percent. America is no longer the land of opportunity, northern Europe is. This is the reality that led the British Labour Party leader Ed Miliband to make his surprising statement in 2012: “If you want the American dream, go to Finland. (en) |
