Hello There, Guest! (LoginRegister)

Post Reply 
Economic elites spread the seeds of their own destruction
Author Message
bullet Offline
Legend
*

Posts: 36,087
Joined: Apr 2012
Reputation: 1114
I Root For: Texas, UK, UGA
Location:
Post: #1
Economic elites spread the seeds of their own destruction
https://quillette.com/2019/04/30/our-suicidal-elites/

Good read from Joel Kotkin.

"The French nobility, observed Tocqueville in The Ancien Regime and The Revolution, supported many of the writers whose essays and observations ended up threatening “their own rights and even their existence.” Today we see much the same farce repeated, as the world’s richest people line up behind causes that, in the end, could relieve them of their fortunes, if not their heads. In this sense, they could end up serving, in Lenin’s words, as “useful idiots” in their own destruction.

Although they themselves have benefited enormously from the rise of free markets, liberal protection of property rights, and the meritocratic ideal, many among our most well-heeled men and women, even in the United States, have developed a tendency to embrace policies and cultural norms that undermine their own status. This is made worse by their own imperious behavior, graphically revealed in the mortifying college admissions scandal in the United States, where the Hollywood and business elites cheated, bribed, and falsified records to get their own kids into elite colleges....


In the twentieth century, most business leaders were predictably conservative. Big money aligned with their class allies in the “party of property.” Conservatives in Britain and Canada, Liberals in Australia, Republicans in America, and Gaullists in France all supported—albeit with significant differences—a basic property rights-oriented regime backed by law. Yet, over the last 20 years, the upper classes have adopted environmental and social agendas that are fundamentally at odds with competitive capitalism and the survival of a vibrant middle class.

Today, many traditional left-wing parties are largely financed by the wealthy and supported by the elite classes in Canada and Australia. Large sections of traditionally conservative parties like Angela Merkel’s Christian Democrats, meanwhile, have evolved to embrace the internationalist and green agenda. Only in Britain, ever the eccentric laggard, has old-style class warfare been revived by Jeremy Corbyn’s Labour party.

In the United States, a clear majority of wealthy donors now support the Democratic Party rather than the traditional corporate party, the Republicans. The vast majority of the ultra-rich foundations—including those funded by the offspring of the Rockefellers and the Fords, whose fortunes were made in fossil fuels—now all tilt to the left, particularly on the environment and cultural issues.

Over the past half century, as was the case in pre-revolutionary France, the elite’s worldview has become increasingly detached from traditional morality. But, while the ruling classes of the industrial era continued to pay lip service to the primacy of the family, many in today’s upper classes have embraced an agenda that has little use for traditional values on anything from sex roles to cultural norms. Increasingly, this is no longer a question of mere tolerance, but an aggressive challenge to the tradition familial culture that once laid the foundation for successful societies...."
05-01-2019 09:57 AM
Find all posts by this user Quote this message in a reply

Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2019 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2019 MyBB Group.