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/309/ Sack of Potatoes ft. Anton Jäger

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The Putnamite Effect

In times of greater inequality and less social mobility those things also become self-reinforcing. The Putnamite effect actually creates a vicious cycle economically. With the social endogamy you describe in that class reproduction becomes much more contained um I definitely think that middle class association alive has whether this are a much better partly because they have more market power so just you have more money to sponsor your remaining institutions.

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