Tag Archives: Meritocracy

The Metaverse Is Big Brother in Disguise: Freedom Meted Out by Technological Tyrants

By By John W. Whitehead & Nisha Whitehead Source: The Rutherford Institute “The term metaverse, like the term meritocracy, was coined in a sci fi dystopia novel written as cautionary tale. Then techies took metaverse, and technocrats took meritocracy, and enthusiastically adopted … Continue reading

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The Top 10%’s Bubble Is About to Burst

By Charles Hugh Smith Source: Of Two Minds When the top 10%’s bubble pops in 2021, the loss of illusions/delusions of security and wealth will be shattering to all those who believed artifice and illusory “wealth” were real. A great … Continue reading

Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, elites, Financial Crisis, Inequality, Neoliberalism, Oligarchy, Recession, Revolution, Social Control, Social Engineering, society, Sociology, State Crime, Technocracy | Tagged , , , , , , , , , , , , , , , | 1 Comment

Let us now stop praising famous men (and women)

By David V. Johnson Source: aeon.com After the Notre-Dame Cathedral in Paris nearly burned down in April, the French luxury-goods magnate François-Henri Pinault was celebrated for committing €100 million to reconstruct what he called ‘this jewel of our heritage’ and … Continue reading

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The ‘Hidden Mechanisms’ That Help Those Born Rich to Excel in Elite Jobs

When two sociologists interviewed highly paid architects, TV producers, actors, and accountants, they encountered work cultures that favor the already affluent. By Joe Pinsker Source: The Atlantic Over the past five years, the sociologists Daniel Laurison and Sam Friedman have … Continue reading

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A belief in meritocracy is not only false: it’s bad for you

By Clifton Mark Source: Aeon ‘We are true to our creed when a little girl born into the bleakest poverty knows that she has the same chance to succeed as anybody else …’ Barack Obama, inaugural address, 2013 ‘We must … Continue reading

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Now Just Five Men Own Almost as Much Wealth as Half the World’s Population

By Paul Buchheit Source: CommonDreams Last year it was 8 men, then down to 6, and now almost 5. While Americans fixate on Trump, the super-rich are absconding with our wealth, and the plague of inequality continues to grow. An analysis of 2016 data found that the … Continue reading

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Mobility, Meritocracy and Other Myths

  By Kevin Carson Source: Center for a Stateless Society At the American Enterprise Institute, Mark Perry (“Yes, America’s middle class has been disappearing… into higher income groups,” Dec. 17) justifies the shrinking middle class and growing economic inequality by … Continue reading

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Thomas Frank on How Democrats Went From Being the ‘Party of the People’ to the Party of Rich Elites

Democrats have gone from the party of the New Deal to a party that is defending mass inequality. By Tobita Chow Source: In These Times The Democratic Party was once the party of the New Deal and the ally of … Continue reading

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