But that could change as new networks of knowledge, innovation and capital meet the older values of work, trust and modestly priced living standards.

FORBES: Bear Rally or Real McCoy?

But that could change with new networks of knowledge, innovation and capital meeting the older values of work ethic, trust and modestly priced living standards.

FORBES: An American Heartland Renaissance

Mr Gove argued that it was poorer families that had the most to gain as "the accumulation of cultural capital - the acquisition of knowledge - is the key to social mobility".

BBC: Gove sets out 'core knowledge' curriculum plans