In a superb post, Daniel Little illustrates how the entrenched social habits and conventions creates institutional arrangements that favor groups with a significant degree of wealth and power and transmits privilege across generations.
He points to this fascinating interactive graphic in the Times about social mobility in the US, a report on social mobility by the Center for American Progress and a study by researchers at Kent State, Wisconsin and Syracuse, to argue that the US actually has less social mobility and more inequality than most developed countries.
He defines social mobility as the likelihood that a child will grow up into adulthood and attain a higher level of economic and social wellbeing than his/her family of origin.
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