Seth Walsh
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low education → weak wage opportunities → benefits/inactivity → skill decay → social detachment → even lower employability.
The really interesting class implication is that Britain increasingly bifurcates into:
- credentialled workers plugged into London/professional services/public-sector graduate tracks;
- asset owners whose wealth compounds independently of labour;
- a large group for whom participation in the formal economy barely pays.
social class is increasingly determined not simply by someone's current salary, but by whether they occupy a compounding economic trajectory at all. A mediocre starting salary inside a strong trajectory can dominate a higher static wage remarkably quickly.