Coffee Table Socioeconomics: Upward mobility is becoming obsolete
By Linda Huang | October 29Upward mobility has long been held up as a defining factor of generational success, especially in the U.S., where the notion of rising above one’s parents in socioeconomic status is central to the “American Dream.” Traditionally, this concept meant climbing the social stratum — gaining wealth, status or both, often through education or hard work. In practice, upward mobility is sometimes reduced to a simple metric: whether the next generation earns a higher income than the previous one.
















