Tuesday, January 11, 2011

I've posted on this before.......

I'm not much for conspiracies. Most groups accused of it are to stupid, greedy or narcissistic to pull it off. It's really that our gang running are  Empire  are born into it. They live within it. All their friends, spouses, supervisors, business partners, everyone they know believe they same shit they do.

They think that they are special!

And right now they are right!

oftwominds: No Wonder We're Failing: Our Power Elites' Sole Expertise Is Being Privileged
The Power Elites are not monolithic: there are three distinct layers, each with its own defining characteristics.


Correspondent Judy T. recently recommended an extraordinary essay on the education and grooming received by the Political and Financial Power Elite: The Disadvantages of an Elite Education by William Deresiewicz.


I have roughly excerpted this long and important essay below.


In essence, Deresiewicz suggests that the Elite youth being groomed at exclusive Ivy league universities--an Elite education--are functionally incompetent in the real world and only skilled at a superficial facsimile of "independent thought" which is merely a higher order of groupthink and its attendent obedience.


Deresiewicz is addressing the privileged-by-birth/class Elite which is being groomed for positions high up in government, law and finance--the working Elites of the American Empire who make the decisions which impact billions of people.


A much thinner layer of Elites have little real power but plenty of wealth. These are the entrepreneural Elites glorified by breathless articles such as The Rise of the New Global Elite (The Atlantic).


This perspective takes the examples of Bill Gates (co-founder of Microsoft, Mark Zuckerberg (founder of Facebook)--both children of privilege, we note--and a handful of hedge fund managers and other super-wealthy players as proof that meritocracy is still the great leveler, and that hard work and innovation now pay off more than ever.


This article claims that a "winner take all" economy is rewarding the wealthy because the wealthy are smarter, more innovative and harder working than the average bear, and so income inequality is the outcome of this.


This argument is higher-order propaganda: by establishing a superficially undeniable case that a handful of super-wealthy individuals has earned their great wealth rather than inherit it, then the argument is extended to cover all positions of wealth and power: it's all, ahem, "earned."


But as Deresiewicz scathingly delineates, the vast majority of the Power Elites in government, finance and global corporate leadership are trained to a mediocrity which they have been groomed to accept as excellence.



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