Trajan
conscientia mille testes
free article. have a gander, I think he nails it.
The New Upper Class and the Real Reason We Dislike Them
The Pew Foundation discovered in a recent poll that tensions over inequality in wealth now outrank tensions over race and immigration. But income inequality isnt really the problem. A new upper class is the problem. And their wealth isnt what sets them apart or creates so much animosity toward them.
Lets take a guy call him Hank who built a successful auto-repair business and expanded it to 30 locations, and now his stake in the business is worth $100 million. He is not just in the 1%; hes in the top fraction of the 1% but hes not part of the new upper class. He went to a second-tier state university, or maybe he didnt complete college at all. He grew up in a working-class or middle-class home and married a woman who didnt complete college. He now lives in a neighborhood with other rich people, but theyre mostly other people who got rich the same way he did. (The new upper class considers the glitzy mansions in his suburb to be déclassé.) He has a lot of money, but he doesnt have power or influence over national culture, politics or economy, nor does he even have any particular influence over the culture, politics or economy of the city where he lives. Hes just rich.
The new upper class is different. It consists of the people who run the country. By the people who run the country, I mean two sets of people. The first is the small set of people well under 100,000, by a rigorous definition who are responsible for the films and television shows you watch, the news you see and read, the success (or failure) of the nations leading corporations and financial institutions and the jurisprudence, legislation and regulations produced by government. The second is the broader set, numbering a few million people, who hold comparable positions of influence in the nations major cities.
conclusion at-
Read more: Charles Murray: Why We Dislike the New Upper Class | TIME Ideas | TIME.com
The New Upper Class and the Real Reason We Dislike Them
The Pew Foundation discovered in a recent poll that tensions over inequality in wealth now outrank tensions over race and immigration. But income inequality isnt really the problem. A new upper class is the problem. And their wealth isnt what sets them apart or creates so much animosity toward them.
Lets take a guy call him Hank who built a successful auto-repair business and expanded it to 30 locations, and now his stake in the business is worth $100 million. He is not just in the 1%; hes in the top fraction of the 1% but hes not part of the new upper class. He went to a second-tier state university, or maybe he didnt complete college at all. He grew up in a working-class or middle-class home and married a woman who didnt complete college. He now lives in a neighborhood with other rich people, but theyre mostly other people who got rich the same way he did. (The new upper class considers the glitzy mansions in his suburb to be déclassé.) He has a lot of money, but he doesnt have power or influence over national culture, politics or economy, nor does he even have any particular influence over the culture, politics or economy of the city where he lives. Hes just rich.
The new upper class is different. It consists of the people who run the country. By the people who run the country, I mean two sets of people. The first is the small set of people well under 100,000, by a rigorous definition who are responsible for the films and television shows you watch, the news you see and read, the success (or failure) of the nations leading corporations and financial institutions and the jurisprudence, legislation and regulations produced by government. The second is the broader set, numbering a few million people, who hold comparable positions of influence in the nations major cities.
conclusion at-
Read more: Charles Murray: Why We Dislike the New Upper Class | TIME Ideas | TIME.com
