By Steven Brill
Review via Salon
Lawyer, journalist and entrepreneur Steven Brill has just published an important new book, “Tailspin: The People and Forces Behind America’s Fifty-Year Fall — and Those Fighting to Reverse It,” with an excerpt published by Time magazine last week. His thesis is quite simple at its core, as expressed by Yale Law School professor Daniel Markovits, at the graduation ceremony for the class of 2015. Over the past 50 years, American meritocracy has become, in a way, its opposite, “a mechanism for the dynastic transmission of wealth and privilege across generations. Meritocracy now constitutes a modern-day aristocracy.”
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