Words

~~~

Branko Milanovic
Why 20th century tools cannot be used to address 21st century income inequality?

What to do with labor? There, in a rich and well-educated society, the issue is not just to make education more accessible to those who did not have a chance to study (although that too is obviously important) but to equalize the returns to education between equally educated people. Significant source of wage inequality is not any longer the difference in the years of schooling (as it was in the past), but the difference in wages (for the same number of years of education) based either on the perceived or actual difference in school qualities. The way to reduce this inequality is to equalize the quality of schools. This, in the US, and increasingly in Europe as well, implies improvement in the quality of public schools (a point argued by Bernie Sanders in the recent US election). This can be achieved only by large investments in improved public education and by withdrawals of numerous advantages (including tax-free status) enjoyed by private universities that command huge financial endowments. Without the leveling of the playing field between private and public schools, a mere increase in the number of years of schooling or the ability of a rare child of lower middle class status to attend elite colleges (that increasingly serve only the rich), will not reduce inequality in labor incomes.

The question – `What to do with labor~?`
The Answer – `Education`.

This is of-course right … but, I can’t see it being right as Branko states it.

~~~

NYT
2 of a Farmer’s 3 Children Overdosed. What of the Third — and the Land?

This is another piece, like the one from a couple-of-days-ago.

What I am trying to point-out, is that without `hope` people will fall-apart.

~~~

~~~

Education is `programming`.

When is it better to program-the-people with `propaganda` `shit` and `lies`?

People are, to a great extent, `their programming`.

Surely that is the 21st. century tool that needs to be used~?

~~~

People are now being `programmed` to believe that if they learn their school-programming really well … they will do really well in `life`.

People are now being programmed to believe that if they don’t do well at school … life will shit on them.

Question – What percent of people can `do well at school`?

~~~

~~~

  • Axionication3

    It’s not so much (really not so much…) the education of the elite colleges that makes people ‘succesfull’. It is (much) the attendance of the elite college that makes people susefull.

    The Brando man seems to miss this important point (to be fair I have read little of what he has said (the article thing)).

    And this circles back to our equality/democratised thoughts. The points of hidden difference. How we go about making ourselves and our families more equal than others.
    —-
    Lovely little video (the word one). My brain can hop along for hours trying to find a word or words to express an emotion/thought. Once found, the emotion/thought disapears. It’s like a game.

    • I am reading (listening to) `Middlemarch` by George Elliot (a girl).

      Reading this `old` literature it is interesting to note that the characters seem to have `more breadth of emotion/feelings/life` than `modern characters`.

      Or … it could be said that `the old (classic status) writers expressed themselves (via their characters) in a more broad way than modern authors.

      The `density` of the writing is so much `more` than anything written today.

      Okay … What I am getting at is … even a girl back then was educated to a (much higher) `different` standard than anyone today (unless they do the whole `school / college / university` thing).

      Education is not only `not-what-it-used-to-be` … it could even be comparatively crap.

      (the chinless wonder poncey upper-class twits that flitted around europe on their grand tours … could probably speak Latin, Greek, French and German).
      (Many Indians speak four languages … and live in `absolute poverty`).

      I don’t think modern-small people-programming is `optimal`.

      (although … I have no idea what `optimal` might be~!)

      • Axionication3

        I read Silas Marner. It’s a beautiful book. Contains so much.

        (My gut feel is that we are thicker than we have ever been on shit that makes for a well lived life)

        • axel1million

          Great book.
          Just thinking about it has moved me.
          I’m going to have some tea now and a ponder!

          • I think I may go down the line of …
            Back-then … the upper-classes did not mingle with the `lesser classes`.
            The upper-classes were always (naturally) trying to `outdo` each other.
            This was an `arms race` upwards.

            (now … it is easy to be `better than` the lower-classes (just go to an elite college … job done)).

            • axel1million

              The new question the is being asked is, ok, you have gone to an elite college but what have you done?
              The new elite are the ‘achievers’ not the ‘ivy league’.
              Sure the achievers will send their kids to an elite college just because its a ‘better’ edumacation. That also is starting to lose its pristine!

              • Again … a few billionaires (winners) (whatever) are `exceptions` to `the rule`.

                The `rule` is that silly-little-bits-of-paper with the `accepted` letter-heads `will win most of the `top jobs` (to be had in the `real` world).

                • axel1million

                  Well again, the rule is being depreciated. The rate of deprecation is increasing as technology advances.
                  Still wider capture, is that jobs are being depreciated at a faster rate.

                  Sure the ‘right bits of paper’ for ‘top jobs’ is not going away overnight. Old habits die hard and the elites will hold on with all they have to stay ‘at the top’.
                  Just as the ‘great country estates’ died off so will the elite college monopoly.

                  • Tish~!
                    We are talking about people here.
                    People will not act differently, until they are `re-programmed` to act differently.

                    When do you think the HR (that’s them) department is going to get re-programmed~?

                    Not this side of The Revolution, that’s for sure~!

                    • axel1million

                      The market will make the decision for them.
                      The market will re program them.

                      The market is the revolution. The great transition is happening.
                      Nothing will really change apart from a new elite appearing. The hierarchical system is not going to change ever probably.

                      Flat system have been attempted and always failed – no, the hierarchy of things will prevail!

        • I tend to agree, but … it is hard to `know` what we are even talking about.

          I think we get so caught-up in `advancements` that we just fail to even imagine that any`back thens` may have been `betters`.

          I hope I think more upon this.

      • amoeba

        The answer is probably a “survival of the best” fallacy.

        There is a tendency for all the dross of an era to end up on the rubbish heap, leaving only the select best available today. If George Elliot had not written such eloquent and endearing words, her writing would not have survived the ruthless need for profits from the publishers and still sell books today.

        Going forwards, I am not so optimistic that only the best will survive, as we latter day fuckers have developed the idea that everything should be preserved for posterity. Humans are going to drown in an ocean of mediocrity and piss-poorness.

  • axel1million

    I think ‘access’ to education is not the determinator.
    Education is going online in a big way and most subjects can be learned through ‘self study’.
    Elite colleges are losing their edge.

    We ‘all(not all)’ know ‘school learning’ was designed for the industrial era. Most of school learning was training for obedience to the system. Routines rules and regulations were trained into the pupil. Now, ‘routines rules and regulations’ are good if they are self imposed.
    The new elite will be the people with ‘self discipline(day to day parlance)’. Why is this? Well, because the ‘new economy’ rewards those who can take a ‘unique perspective’ on the market, and at the same time hold in mind that the market is always right.
    For example, someone like Richard who use to post here, is in a good position to ‘hit the big-time’ in the new economy. In fact if I recall correctly he was doing well on the economic front.

    • I think you are wrong (and will be wrong for a while).
      Elite colleges are not `losing their edge`.

      Employers / Real Life couldn’t give a flying fuck what you have learned.
      Employers / Real Life deals with people via (are they called~?) PA offices.
      Employers / Real Life has a hundred applications for each job. They have to whittle-it-down.
      A bit of paper from `an elite college` will `for the foreseeable future` have more clout than one from a `lesser seat of learning`.

      What you are saying SHOULD be true … but is not likely to ever really become true.

      ~~~

      Yes, the `winners` in the `new world` could come from anywhere, but … the `new world` will be a minute percentage of The Real World for a long time to come.

      • axel1million

        Yeah.
        Well, in the old days if one did not go to an elite college, basically you had no chance.
        That’s not the case now, so they are losing there edge somewhat.

        Self starters like Gary Vaynerchuk, Richard Branson, and on a smaller scale Richard(lets call him ‘Richard of Code’) can make it without the permission of elite colleges. Maybe Richard of Code did go to an elite college?

        Now sure they still have the ‘awe’ of employers looking at a C.V with ‘oxon’ degree first class on it.
        I’ve known a few of those guys, some are good and some are entitled and lazy> Same as the general populous.

    • amoeba

      No way.

      Elite colleges are where all the elite send their elite brats to meet other elite brats. And the whole circus of the elite helping the elite is continued.

      It is a self-perpetuating private club.

      With dedication it is possible to have an online education up to a very high level. But will never, ever, provide access to the club.

      • axel1million

        Well, the thing is the market doesn’t care.It does not recognise anything except that which it thinks should win, not education, not ethnicity, not race; nothing!
        The internet has brought unprecedented access to the market. Yes, in the old days one wasn’t getting access to anything if ‘one’ was not in the club.

        The elite monopoly has been disrupted.
        Now I am not saying it has gone away or that it has lost its influence, no its still at the forefront, but it is being disrupted!

        Look at what is happening even the political elite are losing their grip.

  • amoeba
  • amoeba

    Peak Travel?

    Missed this on March 3rd.

    “European Parliament votes to end visa-free travel for Americans”

    http://www.independent.co.uk/news/world/europe/europe-visa-free-travel-americans-european-parliament-vote-a7609406.html

    The UK Brexit team is not going to be given an easy time.