Following the "do you know what schools I've been to?" installment from yesterday:
1) A really excellent story by Peter Whoriskey in today's Washington Post about the role of rapidly-inflating CEO pay as a driver of overall inequality in the United States. The story would be worth it if only for the first two paragraphs. They dramatize how much the concept of what a CEO is "worth" has changed in one generation.
1A) The Post also has a slideshow, based on Forbes rankings, of the 20 richest people in America. To save you the gimmicky multi-click trip through the whole thing, I'll say that the surprise value is the political ramifications of the top 10, including Charles and David Koch, at the number 5 and 6 slots, with a total of about $44 billion. Above them are only #4 Christy Walton of Wal~Mart, #3 Larry Ellison, #2 Warren Buffett, and #1 Bill Gates. Waltons also hold the #7, #8, and #9 slots, ahead of Michael Bloomberg at #10.
1B) Same theme in the NYT, in a column by Gretchen Morgenson.
2) From a reader on another aspect of the education/status/employment nexus:
1) A really excellent story by Peter Whoriskey in today's Washington Post about the role of rapidly-inflating CEO pay as a driver of overall inequality in the United States. The story would be worth it if only for the first two paragraphs. They dramatize how much the concept of what a CEO is "worth" has changed in one generation.
1A) The Post also has a slideshow, based on Forbes rankings, of the 20 richest people in America. To save you the gimmicky multi-click trip through the whole thing, I'll say that the surprise value is the political ramifications of the top 10, including Charles and David Koch, at the number 5 and 6 slots, with a total of about $44 billion. Above them are only #4 Christy Walton of Wal~Mart, #3 Larry Ellison, #2 Warren Buffett, and #1 Bill Gates. Waltons also hold the #7, #8, and #9 slots, ahead of Michael Bloomberg at #10.
1B) Same theme in the NYT, in a column by Gretchen Morgenson.
2) From a reader on another aspect of the education/status/employment nexus:
>>Thanks for posting the lady on the train tirade. Here is a related bit of information that takes a short explanation.3) And, extending the "rage encounters" point, a West Coast reader whom I know to be genuinely well educated describes her reaction to the class-war video:
A double bass recital was performed in Beacon, NY (a stop on the Metro-North Railroad) recently, whose main attraction was Volkan Orhon, one of the top double bassists in the world today. It was put together and hosted by Richard Milan Simons, who is a resident of Beacon. He plays the double bass, too, and the cello. They met while they attended the University of Hartford's Hartt School of Music, where they both earned master's degrees. (Their duet was delightful, BTW.)
Mr. Simons is "well-educated," and it is fair to say he is far better educated than that unfortunate lady on the train. Mr. Simons also happens to be a conductor on the Metro-North Railroad. As the flyer for the recital put it: "Making him the world's only conductor-conductor." (The story would have been more poignant if he were the conductor involved in the encounter, don't your think?)
If this young lady represents the downside of our higher educational system, Mr. Simons represents the best kind of people it produces. Hard to tell which is more prevalent. We should keep in mind that "rage encounters" play well on YouTube and the internet and, I think, far beyond their significance to our day-to-day lives. Civilization and civility survive.
We all should also be careful about the assumptions we make about the education level of people by the kind of jobs they have in this new unemployment economy.<<
>>Technology, along with greater crowding in cities, is significantly increasing the degree to which we can badly annoy one another, and how low our flashpoints are.That is all. Happy Father's Day.
A number of years ago, I expressed slightly irate concern about my assigned seat on an airliner (in the early stages of boarding), and the speed with which I was treated as a "crazy person" by the airline staff was quite frightening.<<