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This matters, deeply, in deepening the socio-economic isolation within which people live, work, play, learn, and build communities together.
This matters in that wealth affords people choices, enables them to take the occasional risk in their lives, allows one to age with a modicum of dignity rather than relying on underfunded government supports.
This matters because having choice in college is very much tied to family wealth.
It matters because if meritocracy is still our ideal, the walls are being built higher and the ladders by which people sometimes climbed those walls are shrinking.