Comment Re:If only we had a true meritocracy (Score 1) 80
Well, nothing is ever really cut and dry so it's good to approach everything with an inquiring mind. As for links, I have done the "link dump" before so I don't think it's worth it again. I would say focusing it on one thing is unlikely to provide you the total picture you want as the topic is huge and complex.
If you want the easy statistical way to get a feel for the data just look at the intergenerational wealth reports. If "I have no chance because I wasn't born rich" can be disproved by 10% of people go from lowest 20% to highest 20% in their life then it makes it easy to know what the range of reasonable discourse is. Now you are just into arguing why it's not a perfect distribution, does that matter, and is there actually some better way?
Yes, I agree on the millionaire studies all have flaws (as do most studies) but almost any study trumps anecdotal information. So just above you have a long-term governmental report on intergenerational wealth, a set of self-funded reports on millionaires, and an industry report on how familial wealth is maintained over time which all say basically the same thing we know there is some stickiness between generations but its not anywhere on the order of what is usually claimed.
Rejoice (or despair) it looks like you really are (mostly) the captain of your own ship.