It's pretty easy to see the effects of this if we compare the number of successful people from rich countries to the number of successful people from the other several billion people in the world. Where one is born and in which family is hugely (if not primarily) important.
I'm from the US, and I've seen quite a few highly intelligent and hard-working (but poor) people end up as heroin dealers or working odd jobs, with no steady employment. Conversely, I've seen relatively mediocre people, born to wealthy families, succeed wildly. And, I'm sure I'm not the only one who's seen this.
It's something to think about in a world where around 2400 billionaires (~0.000033% of the population) own ~7% of the world's wealth.
I'm from the US, and I've seen quite a few highly intelligent and hard-working (but poor) people end up as heroin dealers or working odd jobs, with no steady employment. Conversely, I've seen relatively mediocre people, born to wealthy families, succeed wildly. And, I'm sure I'm not the only one who's seen this.
It's something to think about in a world where around 2400 billionaires (~0.000033% of the population) own ~7% of the world's wealth.