McKinsey, technocratic management, and structural inequality
Oh boy, another Yale, LSE, and Oxford graduate lecturing us on "structural inequalities" -- yawn. He's also decided to double-dip and is now back at Yale Law teaching after clerking for a federal judge. Excuse me while I roll my eyes a full 720 degrees. How exactly, sir, are you better than Pete Buttigieg? This is the pot calling the kettle black to the n-th degree.My main problems with the article, apart from the above:1. The connection between consulting firms like McKinsey and dwindling union memberships is tenuous at best. I'm not sure that there's any causal link, and the article just kind of shoehorns it in.2. Wait, why are we talking about CEO salaries? What does this have to do with anything? Oh, I get it -- it's going to get The Atlantic a bunch of "controversy clicks" on Facebook and Twitter.3. "Whereas a century ago, fewer than one in five of America’s business leaders had completed college, top executives today typically have elite degrees" -- a century ago, we also didn't have little boxes that could access the entirety of human knowledge in about 30 milliseconds. A millennia ago, most of us were illiterate. Times change. I'm genuinely not sure what the point is here.4. "This is a dangerous belief. Technocratic management, no matter how brilliant, cannot unwind the structural inequalities that are dismantling the American middle class.." -- but Yale & Oxford educated lawyers can. Got it.