Tag Archive for The Myth of Meritocracy

Socialism for the Rich, Capitalism for the Rest

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By Robert Reich – “We renew our resolve that America will never be a socialist country,” Donald Trump said recently. Someone should alert him that America is now a hotbed of socialism. But it’s socialism for the rich. Everyone else is treated to harsh capitalism. In the conservative mind, socialism means getting something for doing…

Robert Reich: The Myth of Meritocracy

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By Robert Reich – Most Americans still cling to the meritocratic notion that people are rewarded according to their efforts and abilities. But meritocracy is becoming a cruel joke. The Justice Department recently announced indictments of dozens of wealthy parents for using bribery and fraud to get their children into prestigious colleges. But the real…