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nearly half of all members of Congress have a net worth north of a million dollars, compared to just one in twenty-two households nationwide.26 Between 1984 and 2009, while the median net worth of American households remained essentially unchanged, the median net worth of members of the House of Representatives rose by 260 percent. Not only did the rich get richer, so did Congress. While
Christopher L. Hayes Quotes: nearly half of all members
Pew's Economic Mobility Project reports, "Germany is 1.5 times more mobile than the United States, Canada nearly 2.5 times more mobile, and Denmark 3 times more mobile."58 They find that the only other country with similarly low levels of mobility is our sibling in meritocracy, the birthplace of the word itself, the United Kingdom. And
Christopher L. Hayes Quotes: Pew's Economic Mobility Project reports,
The gap between median black family income and median white family income hasn't changed in twenty years," he told me. "That is not a society moving toward equality. It's a society that's reproducing inequality by race."56
Christopher L. Hayes Quotes: The gap between median black
When recruiting candidates for the House of Representatives, the Democratic Congressional Campaign Committee (DCCC) looks for aspirants to raise so much money, so early - $250,000 in the first quarter the candidate has declared - that it's almost impossible to do without a massive personal or family bank account.
Christopher L. Hayes Quotes: When recruiting candidates for the
Because revelations of systemic deception erode our most basic, default expectation of good faith, they play an outsize role in producing a crisis of authority. Each exposure of previously secret misdeeds - steroid use, Ponzi schemes, rigged intelligence - produces an acute and debilitating psychological effect. Vertigo sets in, similar to that experienced by a spouse who, after decades of what he thought was a happy, loyal marriage, discovers his wife has been cheating all along. Suddenly we realize we live in a world entirely more depraved than the one we thought we inhabited.
Christopher L. Hayes Quotes: Because revelations of systemic deception
We ask the education system to expiate the sins of the rest of the society and then condemn it as hopelessly broken when it doesn't prove up to the task.
Christopher L. Hayes Quotes: We ask the education system
Today, the Power Elite is more geographically concentrated in specific areas. Economist Jamie Galbraith found that if you measured inequality across counties in the United States in the 1990s, half the rise occurred in 5 counties out of 3,150: New York, New York; King County, Washington; and San Francisco, Santa Clara, and San Mateo in Northern California.24
Christopher L. Hayes Quotes: Today, the Power Elite is
Each exposure of previously secret misdeeds - steroid use, Ponzi schemes, rigged intelligence - produces an acute and debilitating psychological effect.
Christopher L. Hayes Quotes: Each exposure of previously secret
But disruption as disruption isn't enough. In order to actually effect deep and lasting change, those opposed to the current social order must locate another base of power that can credibly challenge the power of incumbent interests. I think the answer lies in a newly radicalized upper middle class. One
Christopher L. Hayes Quotes: But disruption as disruption isn't
People with insecure high self-esteem tend to be insensitive to others and to show an excessive preoccupation with themselves, with success, and with their image and appearance in the eyes of others. This unhealthy high self-esteem is often called "threatened egotism," "insecure high self-esteem," or narcissism.44 At its most extreme, the constant
Christopher L. Hayes Quotes: People with insecure high self-esteem
Mills surveyed a postwar landscape in which Mass Man had been successfully alienated from the actual levers of power in the society. As institutions grew larger, and war and governance more complex, a subclass of men that Mills dubbed the "Power Elite" exerted more and more control over the nation's pillar institutions. "Insofar
Christopher L. Hayes Quotes: Mills surveyed a postwar landscape
The meritocracy offered liberation from the unjust hierarchies of race, gender, and sexual orientation, but swapped in their place a new hierarchy based on the notion that people are deeply unequal in ability and drive.
Christopher L. Hayes Quotes: The meritocracy offered liberation from
So even as the meritocracy produces failing, distrusted institutions, massive inequality, and an increasingly detached elite, it also produces a set of very powerful and influential leaders who hold it in high regard.
Christopher L. Hayes Quotes: So even as the meritocracy
1 in every 28 children in the United States - more than 3.6 percent - now has a parent in jail or prison. Just 25 years ago, the figure was only 1 in 125. For black children, incarceration is an especially common family circumstance. More than 1 in 9 black children have a parent in prison or jail, a rate that has more than quadrupled in the past 25 years."57 Not
Christopher L. Hayes Quotes: 1 in every 28 children
In 1928, the top 10 percent of earners captured 46 percent of national income. That was the highest share that the top tenth captured for nearly eighty years, until 2007, when we returned to the wealth distribution of the country on the eve of the Great Depression. The top 1 percent did even better. Between 1979 and 2007, nearly 88 percent of the entire economy's income gains went to the top 1 percent.49 One
Christopher L. Hayes Quotes: In 1928, the top 10
We now operate in a world in which we can assume neither competence nor good faith from the authorities, and the consequences of this simple, devastating realization is the defining feature of American life at the end of this low, dishonest decade.
Christopher L. Hayes Quotes: We now operate in a
But political crises, moments when the keystone of authority of some major governing institution is whisked away like a Jenga block, can produce a tumbling cascade of new forms of politics. We've been looking at the tower for so long we forget it's made of blocks; we forget it can be put back together in a different way. Previous crises of authority in America produced not just concerted movements to reform the institutions of the time, but organic bouts of institutional innovation that created fundamentally new ways of coordinating work and life.
Christopher L. Hayes Quotes: But political crises, moments when
More than one-third of congressional staffers turn to a career in lobbying after leaving Capitol Hill. It's clear the staffer-turned-lobbyist's value to special interests depends on the robustness of his or her network on Capitol Hill. According to an August 2010 study, when a lobbyist's former boss on Capitol Hill left office, the lobbyist's salary declined by an average of 50 percent in the six months following the departure.27 Moving from Capitol Hill to K Street isn't limited to staffers: In 2010, 37 percent of the newly out-of-office members of Congress went to work for lobbying firms or clients. After losing his run for Senate in 2006, Tennessee Democrat Harold Ford Jr. moved to New York to take a job with Merrill Lynch with a guaranteed annual compensation of $2 million. At the time he had no experience in finance. What he was paid for were his networks:
Christopher L. Hayes Quotes: More than one-third of congressional
In Parton's telling, the Village is "a permanent D.C. ruling class who has managed to convince themselves that they are simple, puritanical, bourgeois burghers and farmers, even though they are actually celebrity millionaires influencing the most powerful government on earth."17 It's not just the activist base of the left and the right who have recognized the widespread elite failure; more and more individual elites have broken ranks to acknowledge their own responsibility.
Christopher L. Hayes Quotes: In Parton's telling, the Village
In this way, more information and more openness can, perversely, feed more mistrust and more wild speculation: The more we know, the more we realize just how in the dark we truly are.
Christopher L. Hayes Quotes: In this way, more information
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