MORE THOUGHTS ON HIGHER EDUCATION AND THE REPLICATION OF HIERARCHY:

To the Marxian idea of the “reserve army of the unemployed” is added the notion of the “reserve army of wannabee elites”. Ironically, calls by the OWS to expand tertiary education — to make it a “right” — and the Presidents stated intention to increase the percentage of college degreed students will have the effect of making the competition even more desperate; and just as those who would fight inflation by printing more money unintentionally make their plight worse, so would the preferred strategy of the current credentialed elites. But it wasn’t always like that. . . .

All elitisms run the risk of inbreeding and sterility. The real benefit of a perceived equality among citizens, as driven by the rough and tumble of economic competition, is not only that it expands the wealth pie but also continuously changes the diners at the table. That means that some at the head table may never have the proper politically correct manners, but that is the price of vitality. The problem with socialism and its near cousins is that it places the selection of winners and losers (even if called “industrial policy”) in the hands of the status quo, who quite naturally will put their friends and family first in line.

Indeed. Plus this: “Perhaps the biggest damage that the modern cult of the elite has inflicted on American culture is to turn it into some kind of Third World class culture where certain endeavors are reserved only for the right people.”

Related: When The Paper Chase Becomes A Mobius Loop.