Ian handed me a copy of today's EJ Dionne column and I am thankful he did. EJ Dionne
cites a study done by a former economic advisor to the president to remind us
that no matter how hard we work there is always an element of luck in our good
fortune, which is why, in our more honest moments we think ‘there but for the
grace of god go I’ when we see or hear about a former classmate or neighbor who
has fallen on very hard times.
Dionne
reminds us that income inequality is extreme and getting worse in America. That the social mobility we expect to
generate innovation and we cite as evidence that the poor are just lazy is
nearly absent in the US when compared to allies like Finland, Sweden, Germany
or New Zealand. Then Dionne refers to
the study of twins.
“On
the one hand, he found that ‘on average, twins with higher education tend to
earn more than their other half with less education.’ So schooling really
matters. But he also found that among identical twins with the same level of education, ‘earnings
differed by 25 percent or more . . . in half our sample’ and by ‘more than 50
percent in a quarter of identical twins with identical school levels.’
‘These discrepancies for such
similar workers,’ he concludes, ‘suggest that luck is an important factor in
the labor market, as well as in the music industry.’
I confess: I love any economist
willing to say straight out that luck plays a large part in how well we do. The
prosperous are especially disinclined to acknowledge that however hard they
worked or ingenious they were, they were also lucky. The role of good fortune
in determining success provides a powerful moral underpinning for more
egalitarian policies.”
The affluent do indeed resist recognizing the role of good fortune, legacy or racial or gender or geographic privilege, in making sense of their individual success. This attitude stands as an important obstacle to seeing and defending the moral and instrumental imperative behind egalitarian policies like public education, national health care, equality before the law, and functioning democratic forms of decision making.
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