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The West’s Arrested Social Development

In 1995, the sociologist Ralf Dahrendorf argued that developed countries’ “overriding task” for the subsequent decade was to "square the circle of wealth creation, social cohesion, and political freedom.” More than two decades later, most have not even attempted that feat.

BERLIN – After three decades of worsening economic inequality, advanced-country populations are angry, and they are taking their grievances to the ballot box or the streets. But credibly addressing inequality also demands action regarding a less-discussed facet of this trend: declining intergenerational social mobility.