Recent studies (Corak, 2013, OECD, 2015a, OECD, 2012, IMF, 2015) point to growing economic and social inequality around the globe and cast doubt on the notion that everyone can succeed. To begin with, the global economy has become more knowledge intensive. Together with skills-biased technological changes, globalisation and the growing influence of the financial sector on the economy, the demand for high-skilled workers and jobs with non-routine tasks has increased over the last three decades. As a result, a premium has been put on the wages of high-skilled workers, raising the wage gap between high- and low-skilled workers (Sill, 2002, Card and Di Nardo, 2002, Autor and Acemoglu, 2011).