Meritocracy in America

[xiinfaniin]

Meritocracy in America

Ever higher society, ever harder to ascend.

 

Dec 29th 2004 | WASHINGTON, DC

From The Economist print edition

 

 

The most remarkable feature of the continuing power of America's elite—and its growing grip on the political system—is how little comment it arouses. Britain would be in high dudgeon if its party leaders all came from Eton and Harrow. Perhaps one reason why the rise of caste politics raises so little comment is that something similar is happening throughout American society. Everywhere you look in modern America—in the Hollywood Hills or the canyons of Wall Street, in the Nashville recording studios or the clapboard houses of Cambridge, Massachusetts—you see elites mastering the art of perpetuating themselves. America is increasingly looking like imperial Britain, with dynastic ties proliferating, social circles interlocking, mechanisms of social exclusion strengthening and a gap widening between the people who make the decisions and shape the culture and the vast majority of ordinary working stiffs. read on

[Socod_badne]

Originally posted by xiinfaniin:

—you see elites mastering the art of perpetuating themselves. America is increasingly looking like imperial Britain, with dynastic ties proliferating, social circles interlocking, mechanisms of social exclusion strengthening and a gap widening between the people who make the decisions and shape the culture and the vast majority of ordinary working stiffs

The majority of American millionares came from poor and middle class upbringing with no college/university education. Go figure!

[STOIC]

^^^ By the time majority of American rich kids start cleaning the gound off their eyes, they have a connection to trot off to the top of the ladder.Even though the gap between the poor and the rich is growing, America dream is a doddle compared to what it takes to make in say Europe...

 

 

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