Making Sense with Sam Harris - #221 — Success, Failure, & the Common Good
Episode Date: October 22, 2020Sam Harris speaks with Michael Sandel about the problem with meritocracy . They discuss the dark side of the concept of merit, the pernicious myth of the self-made man, the moral significance of luck,... the backlash against "elites" and expertise, how we value human excellence, the connection between wealth and value creation, the ethics of the tax code, higher education as a sorting mechanism for a caste system, alternatives to 4-year colleges, and other topics. If the Making Sense podcast logo in your player is BLACK, you can SUBSCRIBE to gain access to all full-length episodes at samharris.org/subscribe.
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Today I'm speaking with Michael Sandel.
Michael teaches political philosophy at Harvard University,
where he teaches the quite famous course on justice that has been televised and viewed by tens of millions of people.
And he's the author of several books,
the most recent of which is The Tyranny of Merit,
What's Become of the Common Good.
And that is our focus in today's episode.
We talk about the ethics of success and failure in our society, the enduring problems with
capitalism, how college has become a sorting mechanism for a new kind of caste system.
We cover what I have come to think of as the pernicious myth of the self-made man,
and we discuss the paradoxes which come from valuing excellence all the while recognizing
the role that luck plays in producing it. It's a very timely conversation
as we struggle really throughout Western society
to deal with the politics of humiliation and injustice
and the rising levels of wealth inequality
to which they are anchored.
Clearly, we're going to have to get a handle on this
sooner rather than later.
And now I bring you Michael Sandel.
I am here with Michael Sandel.
Michael, thanks for joining me.
Good to be with you, Sam.
So, you know, I will have properly introduced you here, but give me your short-form bio.
You're a man of many honors and talents, but how do you describe yourself in an elevator with a stranger?
I teach political philosophy.
At Harvard, and you also, if I'm not mistaken, teach what's often described as the most popular course at Harvard, this course on justice.
Do you still teach that? I'm teaching it this semester, adapted to include new examples of justice and ethical
dilemmas arising from the pandemic and from this moment of racial reckoning.
Nice. Well, you have a new book, The Tyranny of Merit, What's Become of the Common Good,
which I want to focus on. But another colorful fact about
you, which I only just learned, was that in 1971, at the age of 18, you debated Ronald Reagan when
he was the governor of California. That had to be amusing. But I also recall that you and I once
debated, I think I probably got the more seasoned Michael Sandel somewhere around, I think it was 2005.
Do you recall that?
We met at either Pomona or Harvey Mudd College.
Yes, I do.
So we've met once, and I remember that being quite a collegial and amicable debate on,
it surely must have been on religion at that point.
I think that's right. I think it was about the role of religion in public life,
if I remember correctly.
Yeah, yeah. Well, nice to meet you, albeit at some distance here, on a new topic. And it's a topic
that I think we substantially agree on, although I must say there's something so
agree on, although I must say there's something so counterintuitive about a criticism of meritocracy.
It makes the topic itself surprisingly elusive. I mean, once you think you have the thesis in hand and you agree with it, it's almost like you wake up and can no longer find your purchase on the felt sense of the argument anymore, because there's
just something so ingrained about this notion that the only flaw in meritocracy, which is to say,
you know, truly valuing differences in competence and excellence and rewarding people along that
continuum, is that the flaw is generally thought and felt to be that
we haven't achieved it. We don't have a fair society with real anything like equality of
opportunity. But if only we could give everyone the opportunity they deserve, well then what could
be wrong with just letting people rise or fall based on their own merits.
Right.
Let's start there. How do you think about this notion of meritocracy at this point?
Well, you're right, Sam. It is a counterintuitive idea because merit on the face of it is a good
thing, even an ideal. What could be wrong with trying to assign people to social roles and
to jobs based on their merits rather than based on arbitrary factors or the accidents of their birth
or whom they know, connections, and so on? And if I need a surgeon, if I need surgery, I certainly
want a well-qualified surgeon to perform it,
not someone who's poorly qualified. So on the face of it, merit seems an unqualified good.
And yet, when merit comes to be a governing philosophy, a way of determining access to opportunities, it has a dark side.
And the book tries to bring out this paradoxical feature of merit.
I would put it this way.
If we had a perfect meritocracy, if we could one day overcome all of the obstacles that hold people back, all of the prejudices,
wouldn't that be a good thing?
Well, it would have this feature that the winners of the race, this fair race, would
believe, understandably, that they deserved their winnings, provided
the races run fairly, and that the losers deserved whatever place they wound up in.
And here, when we think about a society and an economy and a democracy, here's where the
flaw in the ideal arises.
First, it's a good thing to bring everyone up to the same starting point in the race,
but if we could, it would be predictable that the fastest, most gifted runners would win and would believe they deserved all of the benefits
and the material rewards and the honors
that the society bestows upon them.
But one question could be asked is,
do we deserve in the first place the talents,
the gifts that enable us to flourish in a market society like ours?
Or is having those talents a matter of good luck?
Take, for example, make it concrete, LeBron James.
He's a great basketball player, just helped lead the Lakers to the NBA championship.
He works hard to cultivate his great athletic talents,
but does he really deserve those talents
and all the benefits that flows from them?
Or is having those talents,
certainly it's not his doing that he's gifted in that way,
is that his good luck?
But more than that, Sam, it's the fact that
he lives in a society that loves basketball. That too is hardly his doing. If he lived back
in the Renaissance, they didn't care much for basketball then. And they preferred fresco
painters. So that too is a matter of contingency and good luck.
So for these two reasons, it's a mistake for the successful to assume that their success
is the measure of their merit, and that they therefore deserve all of the benefits that flow
from the exercise of their talents. And here's where
the dark side of it comes in, especially when we think about our current society and our politics.
As the successful come to believe that their success is their own doing, a measure of their
merit, they tend to inhale too deeply of their own success. They forget the luck and good fortune that helped them on their way.
And they tend to look down on those less fortunate than themselves, believing that their failure
is their fault.
And I think this hubris among the successful, meritocratic hubris, I call it. And the humiliation, the demoralization among those left behind,
accounts for some of the resentments that have gathered in recent decades against elites,
resentments that we saw bubble up and find expression in the populist backlash of 2016.
So there's a lot here.
less backlash of 2016. So there's a lot here. So there's the kind of the ethical case,
and then the political ramifications of getting that right or wrong here. And so you've just sketched that in brief, and your book really goes deeply into it. We have this sense among the
successful, certainly, that they desperately want to believe that their success is morally justified.
Right. There's this notion of justified advantage, which just by the very logical nature of the
claim begets this notion of justified disadvantage, right? The people who are not winners, i.e. the
people who are losing to one or another degree, also deserve their lot in life.
And this leads to a kind of resentment and populist anger that we've seen and the attendant
politics of personality and Trumpism, and also this now pervasive and totally destabilizing distrust of institutions and expertise.
Now we're living in a kind of shattering of our public conversation about basic facts because
so-called elites are despised to the degree that they are in the media and in academia and various
institutions. And I'm quite sympathetic with much of this criticism because the elites have played their side of this terribly. And maybe we'll touch on some of those specifics.
But before we get into the politics of all this, let's linger on the ethical case, because
I totally agree that we should view differences in success in general as a kind of multivariate lottery
that's being run. It's not just a matter of the normal forms of good luck. Everything can be
ascribed to luck in the end. I mean, down to your genes and all that they do to determine who you
are and down to the environment and all that it does in concert with your genes to determine who you are. I mean, no one made
themselves, no one created the society into which they were born. Take the perfect example of someone
like LeBron James. He neither created his physical attributes that allow him to succeed as a
basketball player, nor did he create the world in which basketball would be valued
or even deemed interesting.
And so he has won a kind of lottery,
and yet there does still seem to be this problem
in how we deal with differences in ability
that we value and will inevitably value,
because you take something like basketball.
I mean, if you value basketball, if you enjoy watching the sport, almost by definition,
you will value the far end of the continuum of the bell curve of basketball talent more than you'll
value the mean, right? And so no one wants an NBA where everyone gets a chance to play and everyone
gets a trophy at the end of the season. I mean, that annihilates the principles by which one,
it would even capture your attention, you know, as a sport. If you could wave a magic wand and
reset all of our ethical and attentional dials here. Just what would be our experience? Take the limited
case of basketball, thinking about basketball, valuing basketball, buying tickets, and rewarding
the obvious merits of a player like LeBron James. If I were recruiting a basketball and NBA team,
James. If I were recruiting a basketball and NBA team, I would still go, Sam, for the best players. I would. I would want LeBron James. I would want the best players. So that's not really the
question. The question is what moral dessert we attribute to those who enjoy material rewards as well as honorific rewards for excelling in this
or that way. So in the narrowly contained realm of basketball, the hiring practice wouldn't be
different. The recruiting practice wouldn't be different. But when we look at the society as a whole,
and when we look at social roles,
and when we look at who gets to govern,
and who gets to have the greatest voice,
and who makes the most money,
there's the tendency to assume, let's take the economy,
there's a tendency to assume that the money people make
is the measure of their contribution
to the common good.
But this is a mistake because there are all sorts of contingencies that determine who
makes a lot of money and who makes less, contingencies that are in no way related to differential
contributions to the common good. And when we ask about who governs us, we want, in broad terms, here's the basketball analogy,
we want to be governed by the people who are best at governing.
Or in a representative democracy, we want to be represented by those who are best at
that role.
We want to be represented by those who are best at that role.
But today, essentially, we are governed by only a segment of the population,
those who have managed to get four-year university degrees,
overwhelmingly in democracies in the U.S. and in Europe.
Parliaments and executive branches are dominated by,
overwhelmingly by those who have university degrees, even though those of us who have such degrees
represent a minority of our fellow citizens.
Most people don't have a four-year university degree. Nearly two-thirds
do not in the United States and in Europe. So if we're talking about governing, this touches too
on your point about expertise, Sam, and the backlash against elites and experts. I think that we've confused, talking about merit and governing,
we've confused the virtues necessary to govern well in a democratic society with technocratic
expertise. But that's distorting. That's much too narrow. So in many of the domains,
That's much too narrow. So in many of the domains, once we get outside of basketball,
the problem is that we have woefully misconstrued what counts as the relevant merits. So that's why the basketball illustration is helpful up to a point.
But when it comes to distributing economic rewards and when it comes to governing,
contributing economic rewards, and when it comes to governing, what we tend to regard as merit actually misses the mark by quite a long way.
Okay, so I think it's helpful to grab the ethical side of this before we talk about
just descriptively what's happening at the level of our politics and society at large. So I hear in part of this criticism, a criticism of the notion that
there's any direct causal connection between wealth and value creation. The cartoon version
of blameless wealth that one would get in a libertarian circles, perhaps above all.
Right.
This notion that the only way someone becomes spectacularly wealthy is to create a commensurate
amount of value for the world.
I mean, that is how a free market would reward human excellence and value creation.
And the way that gets deranged, I mean, obviously
we don't live in the cartoon. There are ways this is not reflective of reality. But I think there
is a core truth to it, right? Now, you might say that we value the wrong things, right? So someone
can open an Instagram account and flaunt their body, and if they're young and beautiful,
they'll have millions of people following them, or at least some of them will, and they may be
able to leverage that into vast wealth, as have the Kardashians. It's not to say it's their only
assets, but there's no question they are being rewarded by some notion of,
if not value, created for society. It's the capturing of attention. There is a machinery
here that is working based on what people, the choices people are making, and the resulting
effects in the market, and money is flowing in what is deemed to be the right
direction. That's a case where I think we might say, okay, well, people are just valuing the
wrong things and other people are becoming amazingly wealthy based on this distortion
and priorities. But then when you have someone else who's become immensely wealthy by a purely creative act that has just brought
nothing but joy to the world. I mean, someone like J.K. Rowling, she writes her books,
people line up at midnight to buy them in front of bookstores all over this world.
That was a fairly pure register of the value being created, and she became among the wealthiest writers in history as
a result, what are you suggesting could change about our current system with reference to someone
like J.K. Rowling? I mean, shouldn't we reward her in precisely the way we have and esteem her
in the way that we do based on her creative output?
Well, there are two reasons that the answer might be yes, that we should reward
her in the way we do, though it's important that you drew this distinction just at the
end of the question, Sam, between rewarding her monetarily and rewarding her with esteem. And the answer may be different in the two cases.
But if she is providing something that is valued and that is worthy of being valued,
then she should be rewarded, certainly with esteem, for having done that.
Now, but there are two reasons we might want to reward her.
One is to encourage her and people with creative gifts like hers to continue to exercise them
by writing books that we love to read or our children love to read. That reason has to do with
providing an incentive to her and others like her to continue doing what they're doing, because
we like the stories that she writes. But it's important to notice that that reason, the incentive reason,
has nothing necessarily to do with whether or not she morally deserves all the money she makes
writing Harry Potter stories. That's a further question. And so the second question is,
question. And so the second question is, should we reward her in the sense that not only does she get a lot of money for selling a lot of Harry Potter books, but we also consider that
she morally deserves the money that she makes thanks to the market success of the books.
the money that she makes thanks to the market success of the books.
And that's the further question. That's a harder case to make. Now, this is why your mention of esteem matters. We might decide that she deserves esteem for having written beautiful and compelling Harry Potter stories. And yet it could very well be
a further question whether she should make 10 times more than other writers or people in other
professions, or 100 times more, or 1,000 times more, or 10,000 times more. It's hard to claim that as a matter of moral dessert, she deserves
to make X times more, where X is in proportion to her actual earnings relative to other people.
Whereas I think it's easier to say she's certainly worthy of admiration for the creativity she brought to bear writing these stories.
If I could just add, I think you put it very well when you said part of the objection is that we value the wrong things.
Part of the objection to assuming that the money people make is the measure of their contribution to the common good.
It's important to keep hold of this question because it's a question that the free market
libertarians you mentioned beg. They ignore. But here's a simple concrete example to test it.
I don't know, Sam, if you were a fan of Breaking Bad, Walter White. Walter White
started out as a high school chemistry teacher. And he didn't make much money. He had to work
when he wasn't teaching at a second job at a car wash. And then, as we know, he broke bad and
became a meth dealer. He used his talents as a chemist to make perfect
methamphetamine and made millions and millions selling this methamphetamine because there was
a great market demand for it. So here would be the test for the pure idealistic free market
libertarian. Assuming there were a competitive market in high school
chemistry teachers and in meth cooks, and Walter White made thousands of times more
cooking and selling meth than teaching high school chemistry, would we conclude from that that his contribution as a meth dealer was thousands of times greater, more important
than his contributions as a high school chemistry teacher? Probably not. It'd be pretty hard to make
that claim. So part of what I'm suggesting is that really to understand the question of merit when we're
talking about the economy and economic rewards, we have to address the question about whether
we are valuing the right kinds of things in the design of markets and in the allocation
of rewards.
There are so many things that distort this notion of value, or a notion that there's
a linear relationship between the value being created by someone's efforts and their monetary
rewards or their rewards with respect to esteem. I mean, you just take the case of someone who's
saving your life. You're having a heart attack, the paramedic
shows up and saves your life. Well, in that moment, this is the most valuable job on earth
for you, right? But that doesn't suggest that we could have a society that paid paramedics
$20 million a year for working their trade, right? Because it's more of a trade than,
you know, finding the outlier in the NBA can be thought of as a trade or, you know, the outlier
with respect to writing novels. I don't see how we get away from this seemingly crazy outsized
reward structure for the people who are on the far tail of the continuum
for things we value, rightly or wrongly. There is this larger criticism we could explore around
a society that is just captivated by the wrong things. And that's a much longer conversation that will outlive both of us.
How do we want the things we should want in the end? How do we live lives, you know, all together
that we won't regret, that in hindsight will seem sane? And how do we avoid, you know,
just colossal wastages of time and opportunity collectively. But in a world where people can
freely spend their time, attention, and money on things they want, and in a system that maximally
incentivizes a creative and hopefully ethical response to those wants, right? I mean,
if we want to be able to give everyone at all times what they want, what they really want,
as quickly and as efficiently as possible, something like capitalism seems like the best
answer we've ever arrived at. And something like global technocratic capitalism
is where we've landed. And again, we can point out flaws in this. I mean, there are obviously
negative externalities to various business practices that free markets don't account for,
and we want some kind of regulation, environmental and otherwise. But it's hard to see that if you
are going to be writing novels that are so
creative that people want to open theme parks in order to explore the consequences of your ideas,
right? And people by the tens of thousands show up at those theme parks every year to buy the
merchandise that is derivative of your ideas, other than just deciding that someone like J.K.
Rowling needs to pay more in taxes, that we should have something like a wealth tax or a tax that's
so progressive that very, very wealthy people pay the preponderance of their wealth back into the
system. If we just had our tax codes straightened out, wouldn't that be a sufficient remedy for this
particular lottery problem? Well, that certainly would be one way of responding to it by considering
a revamping of the tax system. A wealth tax would be one possible way of dealing with this. But I
would also say, if we're thinking now practically and moving into the world in which
we live, I think we should have a public debate about whether it's fair or desirable to tax
earnings from labor, the work people do in the real economy, at a higher rate than earnings from
interest dividends and capital gains. Why should we tax workers at a higher rate
than investors from the standpoint of merit or desert and contribution to the common good?
A more dramatic example of this, Sam, would be, I think we should have a debate about whether
to trade off the all or part of the payroll tax, which, after all, is a tax on labor
paid partly by the worker and partly by the company, and make up that lost revenue through
a financial transactions tax, or at least one on speculative financial activity unrelated to improving the real economy or high-speed trading.
The actual way in which enormous income and wealth is generated, the characteristic way
is not the J.K. Rowling way or even the LeBron James way.
Rowling way, or even the LeBron James way, it's to do with, for looking at broader trends over recent decades, the financialization of the economy. We see this in the US and Britain,
which is the tendency of a greater share of economic activity, of GDP, and especially of corporate profits accounted for by financial activity
rather than providing goods and services that people use. Now, there'd be nothing wrong with
this or with the outsized rewards that people in the financial industry reap if that increased financial activity corresponded to a productive contribution to the real economy.
But increasingly, the financial activity that has exploded in recent decades,
especially with financial deregulation in recent decades,
contributes little, if anything, to the real economy.
contributes little, if anything, to the real economy.
The social purpose of finance is to allocate capital to productive activities, new businesses, enterprises, factories, homes, schools, hospitals, roads, and so on,
in the real economy.
But most financial activity in advanced financial systems,
such as the U.S. and the U.K., is
not of that productive kind.
It's been estimated, by those who know more about it than I do, that only about 15% of
financial activity consists in investment in new productive assets for the economy.
in investment in new productive assets for the economy.
85% consists of simply bidding up the price or betting on the future prices of already existing assets or increasingly synthetically created derivatives and other fancy financial
instruments that have precious little to do with making the economy more
productive. So in some ways, the standard defense of a laissez-faire free market distribution
of income and wealth drawing on J.K. Rowling or on LeBron James misses what's actually going on for the most part with the growing inequality in our economy.
And so in debating the tax system, I think we should confront that directly.
Hence, I would suggest in addition to a wealth tax, a financial transactions tax to offset,
to enable us to reduce taxes on work in the ordinary sense. Now, if I could just add
one more thing about this, Sam. This isn't only for the sake of redistributing income from the
wealthy to those who need it more, though that would be one advantage. It's also to prompt
a broader public debate about the earlier topic we were discussing,
which is whether the purpose of an economy is to help shape the way we value different contributions to the economy and the society,
or whether the point of the economy is simply to accept whatever
valuations seem to be implicit in the existing system.
And I'm hoping, by these and other proposals, to prompt a broader public debate onto the
terrain that you said, rightly, is contestable and we could be debating about for a very
long time.
What does it mean to value the
right kinds of things? What does it mean to encourage certain contributions to the common
good and to discourage others? I think that should be a part of our public debate. And one way of
making it a part of our public debate is to raise questions, for example, about the role
of speculative finance by comparison with the productive contribution of people who produce
valuable goods and services, truly valuable goods and services.
Yeah, well, that's obviously a very important distinction. I mean, there's so many areas of
the economy where, if we could be fully transparent as to the contributions being
made by that economic activity, we would want to rethink what we're incentivizing and how we're
rewarding people because there's so much rent-seeking behavior and there's just so much
administrative bloat in the whole sectors of our economy are suffocating under this apparatus
we've put in place. I mean, take the medical system and just how much time doctors have to
spend dealing with insurance companies. We spend more on medicine than any society on earth,
and we do not get the return on our investment. So yeah, there's a lot to straighten
out there. But even the pure case is hard to think about and puts us up against certain
moral paradoxes. So for instance, just imagine a society where we had decided, okay, we've gotten
past this notion of mere equal opportunity because we know that even if we could open the doors perfectly and give every child starting right now an equal opportunity to get into Harvard, say, well, there'll still be massive differences in their ability to avail themselves of those opportunities because of all of these
other disadvantages. But the paradox here is that the thing that's under our control, the environment,
if we perfectly tuned that, if we gave everyone from utero onward all of the same environmental
benefits, right? This is magic, right? We obviously can't do this, but
even if we could, where that would land us is in this dystopian counterfactual world where
now what we'll have to spectate on are the massive differences in genetic endowment,
right? I mean, if you perfectly secure the environment against
disadvantage, well, then all you will see is a kind of tyranny of genetic differences,
and we'll be in some kind of Gattaca-like dystopia. And that would be if, with the best
of intentions, we could create perfectly equitable and enriched environments for everybody.
You can take that case and do
what you will with it. It almost seems like a kind of mirage here to figure out how to
actually solve this problem given a perfect ability to do so.
Well, I think what the mirage-like feel of this thought experiment brings out
is that even a perfect meritocracy
would not be a just society
because the winners would still be determined by factors
that were not their own doing,
and yet, to make matters worse, the closer we came
to providing truly equal opportunity, the greater the tendency for the successful to believe
that their success was their own doing, the greater the tendency to forget or to overlook or deny the luck and good fortune
that help them on their way, and the greater the tendency to look down on those who are flourishing
less and to say their failure must be their fault. So what goes along with the meritocratic picture is a sense of human
agency so thoroughgoing that we tend to attribute moral responsibility for one's fate, for where one
lands in life, notwithstanding the persistent contingencies that you've just described and
that we've been discussing, the attitudes towards success and failure, toward winning and losing,
as we approach more closely perfect equality of opportunity, those attitudes towards success
and failure would become all the sharper, all the more pronounced.
And what I'm suggesting is, from an ethical point of view, and you've rightly invited us to
distinguish the ethical from the political dimensions of this, ethically, the hubris
leads those on top to forget not only the luck and good fortune, but also their
sense of indebtedness, as well as looking down on those less fortunate than themselves.
So that's the ethical problem.
That's the dark side of meritocracy, morally speaking.
It's the hubris.
Rather than—the more we appreciate, the more we would be alive to the role of accident and luck and fortune,
the more open we would be toward a certain humility, toward success, toward winning.
And this openness to humility can open us also to a greater sense of responsibility for those less fortunate
than us, those who struggle, those who may be left behind through no fault of their own.
So that's the ethical side of it.
But politically, even though we haven't realized the perfect meritocracy that you've just described and that we've been imagining.
This ideal, this picture has so dominated public discourse that it has shaped the response to the
deepening inequality of the last four decades. And I think it's no accident that meritocratic modes of public discourse and moral argument have strengthened
their hold at the very same time that inequalities of income and wealth have deepened with the kind
of market-driven globalization we've had in recent decades. And this has fueled the anger, the resentment of those who have lost out. It's
one thing to feel that you've lost out because the system is unfair, the system is rigged.
That's a worry about fairness. But humiliation is a deeper kind of demoralization because it's a system where the attitudes
towards success and failure lead those who struggle to believe, well, maybe I don't work
hard enough.
Maybe I'm not talented enough to land where they landed.
That's deeply demoralizing.
And maybe that's why they're looking down on me.
One of the most potent sources, Sam, I think of the populist backlash that we've seen,
most dramatically in 2016, is the sense among many working people that elites look down on them.
And this has a specific meaning in the context of American
politics, because for four decades, the meritocratic promise was, yes, there may be
deepening inequality, but you can rise. Everyone can rise through individual effort and training,
provided you go to college. Then you too can compete and win in the global
economy. What you earn will depend on what you learn. So the response, and this includes
Democrats and Republicans, the response to the deepening inequality was to offer individual
upward mobility through higher education, which on the face of it seems
inspiring. I'm all for improving access to, widening access to higher education. But as a
remedy for the inequality that we've seen, it's a pale, inadequate solution. And it contains what
seems an inspiring message, you too can rise if only you go to
college. Contains an insult, an implicit insult. And the insult is this. If you don't have a
university degree and you're struggling in the new economy, your failure must be your fault.
And this politically is folly when we recall that most people don't have a four-year
college degree. So instead of focusing on arming people for meritocratic competition,
I think we should be focusing more on affirming the dignity of work and having a public debate
about what it would mean truly to enable everyone to flourish,
whether they're in blue-collar jobs or whether they're well-credentialed people in professional jobs.
Yeah, so let's focus on the problem of college,
because this is, in some measure, the whole problem in microcosm, but it's also the longest lever that has separated the
fates of winners and losers in our society. I mean, college, you know, on your account,
other people have hit this topic. Daniel Markovits was on the podcast a couple months ago.
Yeah, yeah.
I mean, college has become a kind of sorting mechanism for a new caste system in our nature. And it's not only something
that is offered more or less to everyone, and everyone who will claim the opportunity
can sort of get it in hand, but there's something generally fair about how all of this shakes down.
Because of course, the elites, the best of the best
in any field will wind up and should wind up at the best universities, because how else would the
best universities select their student body? And if they, you know, if this gets gamed occasionally
and occasionally perversely with people buying their way in. There's a probrium attached to that, but in the
general case, it's hard to even optimize that because these schools are fantastically expensive
to run. And if you're not going to give alumni any advantage, well then why would they be
donating year after year to Harvard's endowment, right?
So there's something that while it's not ideal, many people look at this and think, well,
how else could it be? So I ask you, you know, in our closing chapter here,
what is the problem with college and how should we fix it?
The main problem with college is that we, and by we I mean the society as a whole, not just the higher education community,
we have made colleges and universities the barbecues of the world.
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