Its not required but its a strong correlation if you look at the countries you've mentioned.
Think about it though, education is one of the main drivers of class. Education is the one thing, that for the most part, allows someone to move up in class. How could you possibly sustain a distinct divide of financial classes without a distinct divide in financial education?
Can you name any countries with better education and as much financial inequality?
Actually, I find Socialists tend to be among the LEAST educated in matter of economics in general. If you are claiming some kind of positive correlation back up your claim with sources, don't just state it as an accepted fact.
There is a divide in education, period. This will always be the case to one degree or another because equality of outcome is impossible. Sure I can. How about Israel or South Korea?
Do you disagree with the statement that financial education is one of the most important factors for upward mobility? I assumed you would agree with that and am sorry for the incorrect assumption if you do not.
Norway Denmark and Sweden have the highest financial literacy scores in the world. Is that a coincidence or does it have something to do with them being social democracies and having the highest union membership rate in the world?
http://gflec.org/wp-content/uploads/2015/11/Finlit_paper_16_F2_singles.pdfhttps://www.nationmaster.com/country-info/stats/Labor/Trade-union-membershipnational-level policies, such as those related to
education and consumer protection, shape financial literacy in these economies more than any other factor.
If everyone is financially literate, there is no one to take advantage of through predatory financial practices which is big business.