A Canadian economist has demonstrated that it really is who you know rather than what you know that helps some sons of wealthy fathers get jobs. Wealthy people hire their children as a way of holding onto their money, the study said. Social mobility expert Miles Corak said the strategy enables money and power to stay within a family instead of being distributed to others.Nepotism is a CONSTANT. Everyone passes their skills to relatives, because skills are innate. (I'm sure Expert Corak doesn't know that, because it's a FUCKING FACT and Experts believe nothing but BIZARRE WACKED-OUT FALSEHOODS.)
Dr Corak suggested these factors will probably curb earnings mobility across generations and arguably deter less advantaged Americans coming-of-age from climbing up the corporate ladder in a polarised labour market.
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