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The Meritocracy Myth: How the Super-Rich Really Make Their Money


See on Scoop.it – Pahndeepah Perceptions

(Image: Jared Rodriguez / t r u t h o u t; Adapted: Azureon2, bayat)PAUL BUCHHEIT FOR BUZZFLASH AT TRUTHOUT Warren Buffett once claimed that the “geni…

Keith Wayne Brown‘s insight:

Case in point: "Checking the Stock Portfolio Every Morning… In one year the Forbes 400 ‘earned’ more than the total combined budget for SNAP, WIC (Women, Infants, children), Child Nutrition, Earned Income Tax Credit, Supplemental Security Income, Temporary Assistance for Needy Families, and Housing. These lucky 400 were the main beneficiaries of a stock market that grew by $4.7 trillion in just one year."

See on www.truth-out.org

Keith "Maggie" Brown Avatar

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Keith “Maggie” Brown
I am a PhD student in Philosophy and Religion at the University of North Texas-Denton. I began my vocation through a nine year apprenticeship with my mentor, Richard M. Owsley. I can be found around Denton troubling students and professors about this and that. A fringe scholar wandering the borderlands between the Academy and the World, I love the hell out of Socrates and Yoda while tending to act like William S. Burroughs and Jaba the Hut. My current projects include studies of the Dào Dé Jing, the intersection of Karl Jaspers’ periechontology with Tarot, and the challenge of queering existential hermeneutics.
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2 responses to “The Meritocracy Myth: How the Super-Rich Really Make Their Money”

  1. prayerwarriorpsychicnot Avatar
    prayerwarriorpsychicnot

    Reblogged this on Citizens, not serfs.

    Reply
    1. Keith Wayne Brown Avatar
      Keith Wayne Brown

      Thanks for the reblog.

      Reply

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