Interesting article in The American about how big cities are becoming increasingly inegalitarian. The trend is to have a teeming mass of poverty-stricken wage slaves, with a thin upper crust of jet setters who wallow in the culture and highbrow entertainment that is forever out of the reach of the underdwellers. Upper mobility has vanished.
Hardly news to those of us who live in a big city. But the following caught my eye …
“Perhaps nowhere is the growing class divide more evident than in London, perhaps the world’s most important megacity. Despite a massive expansion of Britain’s huge welfare state, the ladder for upward mobility seems broken, especially in London.”
Couldn’t the expansion of the welfare state have had something to do with all this lack of opportunity, increase in poverty, and general doom-and-gloom?
(Hat tip to Glenn.)