Nathan

The Death of Horatio Alger: "Never mind, say the apologists, who churn out papers with titles like that of a 2001 Heritage Foundation piece, 'Income Mobility and the Fallacy of Class-Warfare Arguments.' America, they say, isn't a caste society--people with high incomes this year may have low incomes next year and vice versa, and the route to wealth is open to all. That's where those commies at Business Week come in: As they point out (and as economists and sociologists have been pointing out for some time), America actually is more of a caste society than we like to think. And the caste lines have lately become a lot more rigid. "