Podcasts · EQUALS: Reimagining Our Economy
SOCIAL MOBILITY- is the capitalist dream just a myth?
· 23 min · S6 E6
Episode SOCIAL MOBILITY- is the capitalist dream just a myth?
Nafkote and Max interview Dr. Faiza Shaheen on how capitalism has failed on its main selling point – work hard and you will succeed. The idea that everyone has equal opportunity in life is just a myth. Your success in life is significantly influenced by where you are born, your social class, race, and education.
This episode is a powerful critique of our system - one that perpetuates wealth concentration among the rich while leaving the majority behind.
Faiza Shaheen is Professor of Economics at London School of Economics and the author of the book Know Your Place.
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