The Glass Ceiling of Inequality

Inequality is a hot topic. It always will be. The glass ceiling of inequality is the idea that most families will spend whatever it takes on their kids.

The left have a great idea that you can give all kids equal opportunities. It’s just fantasy and ignorant of reality. The ability to identify and participate in valuable opportunities just isn’t equal.

Things that you think don’t matter might in fact drive your life outcomes. How you speak, how you dress, and how you interact with everyone you meet. There is no level playing field.

Your own hard work and industry still matters. But imagine how hard it must be for people already facing discrimination.

Attribution Error

When people win, they think its because of their hard work. They may have worked hard, but if they lose they’re highly likely to blame others or bad luck.

Attribution error is the phenomena where all my wins are mine but all my losses are the fault of others. There was a great example the other day when someone who went to Geelong Grammar claimed he had received no advantages in life.

The Arms Race

The glass ceiling of inequality was only successfully deconstructed during the Russian Revolution. Hence it’d be stupid to think that breaking it down would be a good idea.

Whatever government policy attempts to reduce inequality, another silent requirement will arise to perpetuate the same group of people getting ahead.

Why do so many institutions care about “well rounded” applicants? Because it helps them select people who are like them.

People like them – this means other kids who were over-scheduled, perhaps attended the same school and self-actualised from birth through volunteering and sport.

More people will take advantage of “free” tertiary education, but the exact cohort of people who make it through their degrees and into the sorts of jobs that justified that investment is unlikely to change much.

How many poor kids whose real problem is the living costs not the student loan balance at the end will partially complete a qualification and earn barely any labour market premium?

Look at inequality in the housing market in terms of which types of first home buyers are buying houses to really keep digging into what the glass ceiling means in practice.

 

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