An Elite Like Any Other? Meritocracy in America
from
Dissent magazine:
An Elite Like Any Other? Meritocracy in America
Mike Konczal - June 15, 2012
The Left has spent the recent past forming new and rediscovering old arguments against inequality. The realization that the 1 percents dominance over the country is strengthening, instead of disappearing, in the wake of the financial crash has pushed writers and thinkers to rebuild their case against runaway inequality from the ground up.
Though these arguments often come from different places and seek to accomplish divergent things, together they create a sense of purpose and urgency, and a set of political objectives. Those who worry about massive economic inequality because it leads to the capture of political institutions dont have much in common with those who see equality as a goal in itself, except, perhaps, the desire to bring about campaign finance reform. Economists digging into the relationship between inequality and financial crises arent necessarily contributing to the same project as liberals calling for equality of opportunity, yet both lead us toward economic redistribution for public good.
But theres one major area that is usually missing in these discussions: a critique of the American tradition of meritocracy and of our current meritocratic elites and institutions. Understanding the institutions and norms that create our elites, and shape their functions in society, is as important as understanding how much of the economic pie they take home. In his new book, Twilight of the Elites, Christopher Hayes has created such a framework, using the major scandals of the past decade as case studies for understanding how broken our institutions and the elites who inhabit them have become.
Hayess book makes for a great read. Most books on inequality are firehoses of charts and facts; Twilight uses a wide variety of academic and journalistic work, balancing a deep, systemic critique of society with detailed and empathetic reporting about those most affected by elite failure. The book builds its narrative with testimony, from those who survived the horrors of Hurricane Katrina to whistleblowers at Enron. ...................(more)
The complete piece is at:
http://dissentmagazine.org/online.php?id=613