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Mwamba, an economics professor at the University of Johannesburg, et al. have found that the income level of a country was not necessarily correlated with its social mobility level. [9] In agreement with the World Economic Forum, Mwamba et al. argue that it is difficult to ascend the social ladder regardless of a country’s income level. [9]
Meritocracy (merit, from Latin mereō, and -cracy, from Ancient Greek κράτος kratos 'strength, power') is the notion of a political system in which economic goods or political power are vested in individual people based on ability and talent, rather than wealth or social class. [1]
Democracy Ranking refers to countries (country-based democracies) with a population of one million or more and that are classified by Freedom House as "free" or at least as "partly free" (see also the Freedom House report). The Democracy Ranking makes explicit the "theoretical basis", which governs the theoretical self-understanding of the ...
The Legatum Institute compiled a ranking of the most prosperous countries in the world. The report doesn't just consider the amount of money a country has as a defining factor, but rather a ...
The U.S. ranks 17th, which can be attributed, in part, to a decline in the Quality of Life factor, specifically because U.S. retirees were found to be less happy than they were the year before ...
In the United States, people of lower classes are conditioned to believe in meritocracy, despite class mobility in the country being among the lowest in industrialized economies. [23] [20] In the U.S., 50% of a father's income position is inherited by his son. In contrast, the amount in Norway and Canada is less than 20%.
Working day in and day out to keep up with the cost of living can cause burnout and unhappiness. But it doesn't have to be that way. Some countries offer a more balanced way of life. While you ...
2022 Social Progress Index. The Social Progress Index (SPI) measures the extent to which countries provide for the social and environmental needs of their citizens.Fifty-four indicators in the areas of basic human needs, foundations of well-being, and opportunity to progress show the relative performance of nations.