22 July 2012

Article: "Why Elites Fail", adapted from Twilight of the Elites: America After Meritocracy - http://goo.gl/gVRxm 
Summary: after a few generations, meritocracy looks a lot like oligarchy. And surprisingly, the intensifying inequality hurts people at the top; who begin to essentialize their success, fetishize some badge of membership, lose empathy, are brutalised by the apartheid. 
(4500 words, Christopher Hayes; via Buzz Andersen