Showing posts with label money elites. Show all posts
Showing posts with label money elites. Show all posts

Saturday, March 16, 2019

About Academic Shame

One of my best friends during my university years was a very ambitious young girl whose parents were barely reading and writing and who was ambitious enough to get a superb scholarship at Georgetown University. Her hardwork was an inspiration for me, and many others that were during those times more interested to test life, love and relationships instead of dedicating the best light hours to intensive study and exam preparations. At a certain extent, we knew that sooner or later we will find our place - because we were coming from middle-class families with a clear intellectual status in the society - therefore we did not have too prove that much. Meanwhile, my friend was catching up reading the books that we had included in our weekly reading plan or learning the languages our relatives started to practice with us at a very early age. We not even need to work too hard to pay our college debts because even if our parents were not always so well-off, there will be always some successful relative that probably will help with a loan one day, when the knife was getting closer to the skin.
It was good for America that a friend like mine, with a poor immigrant background, worked so hard to get into one of the most elitist universities, preparing future American diplomats. For me, it was an example that although nightmarish sometimes, the American dream is still working. And I am still convinced that hard work and dedication pays off, although nowadays it is getting harden and harder to cope with the post-university trauma of huge debts and the lack of social and professional integration. Why do you need so much hard work and financial pressure when once you graduated, you can hardly find a good academic or professional position, as most of the best jobs are offered based on a personal CV that counts less your academic achievements instead of your good family connections. With the right high-class connections you can have any job you want, regardless your grades and the circle is shrinking more and more each day.
The recent scandal involving bribes and favoritism in top league American universities as Yale, UCLA, USC and Standford is only one of the many examples in this respect. Although it involves mostly big money paid for admissions of athletes who couldn't play in various sport academic teams, it touches violently also to the ways in which people with a certain visibility consider that their children deserve a better place into the society. The fact that a protagonist from a movie called 'Desperate Housewives' wants her offspring to be part of the American intellectual elites and pays heavily for this - possibly with some of her years as well - tells a lot about what are we talking about. 
The fact that parents with an intellectual background want their children to be part of the same elites is not commendable in itself, but it does not request a more equal status than someone else. Let's compete and show your skills, but the departure point shall be the same. There is no genetical guarantee of brain further development or conservation from an intellectual generation to the other. 
The fact that politicians and well-offs offer themselves huge donations to universities although their deep system of belief is completely against the chore system of the said universities and societies in the middle of which those operate - remember the Muammar Gaddafi's links to LSE? - is a proof that the elites' system in our brave new world is getting through a deep crisis. No 'desperate' money will help this situation, until the entire crisis is evaluated in all its details. 
A clear and immediate answer - which has to do not only with America and its system, but has to do with the ways in which education operates and contributes to the overall reproduction of elites - would probably help avoiding a further wave of non-values and mediocrity in a system aimed to promote the difference between values and non-values.

Thursday, April 28, 2016

German elites at work. And their money

While I was preparing my PhD on elites in Central and Eastern Europe, I had read a book by Julia Friedrichs, where she is addressing the issue of elites as such, and as a beginner in issues regarding the German society, I found it interesting. Meanwhile, in the last seven years, my knowledge advanced and got more and more insights about the local elites, either from media reports or other books, or by using my own network of friends and acquintances. 
This relatively recent work by Julia Friedrichs goes into more specific details, with a focus on the genesis of financial elites, those members of big money families, ruling big stores like Rossmann or the Oetker and Aldi or Neckermann. More interestingly, it also describes the legal and financial incentives system offered by the state to the rich class, such as low taxes or various exemptions. 
There is a high incidence of wealth reproduction in Germany, particularly in the Western side, not few of them subsidizing the cultural adventures of bohemians stays-at-home in Berlin neighbourhouds such as Prenzlauer Berg or Kreuzberg. In most cases, this helps and it is nothing wrong with parents trying to help their children to survive in a very complicated world. Very often though, the money creates responsibilities and obligations and takes the freedom out too. Children who are forced to follow the steps assigned from birth by their parents in order to be able to continue the management of their companies or empires. Marriages of wealth in order to keep the wellbeing or even increase it. Some may conform, some may rebel, some can even comit a crime to get their freedom back. Wealth remains and people get even richer. 
This is the way of life, some may say and nothing to do against the trends. I don't think it is nothing wrong to secure a safe future for your children, particularly if you went out ot nothing. No one wants to be poor and the Socialist-Communist 'ideas' were proved wrong - as within the communist elites themselves people were doing the same transfer of wealth and prestige and sometimes the political positions too. Most of Friedrichs impressive work is describing the situation. Some comparative suggestions with the US or Japan are made, without entering into too much details, although as we can read in the conclusion, there are mounting fears that Germany may end up as a sort of Japan elite-wise. Meaning that the economic resources will be concentrated into the hands of some powerful families that can control the economy and the society.
The work opens a lot of interesting paths to further investigation, but it also did not cover many areas, such as the big real estate families or the very conservative auto-motive industry or some 'von' families from the South of Germany. What is the departure point of these new elites? At what extent these financial elites are coincide with the cultural and political ones? I was also expecting more charts and statistics featuring the mobility and distribution of elites too.
A book worth reading but quite incomplete. Maybe the next one will bring more light into the life of the shadowry life of German elites, and not only.