It's a little more complicated than that. The offspring of the people in charge aren't ever going to have a problem getting top jobs. You'll always be able to look after your kids if you have enough money and connections. The problem is the kind of funding necessary to provide quality tertiary education to intelligent members of the 99%, or should I say the 90%. If you're going to provide that level of funding then societal pressure to provide similar funding for healthcare, primary and secondary education, adult training etc. pushes you in the direction of a Scandanavian-style egalitarian society, with the wealthy paying a vastly increased share of the tax burden, etc. etc.
Bookmarks