Tag Archives: social mobility

Unrealistically Great Expectations

Let’s see if we can tie together four social dynamics: the elite college admissions scandal, the decline in social mobility, the rising sense of entitlement and the unrealistically ‘great expectations’ of many Americans. As many have noted, the nation’s financial and … Continue reading

Posted in General | Tagged , , | Leave a comment

If “Getting Ahead” Depends on Asset Bubbles, It’s Not “Getting Ahead,” It’s Gambling

Beneath the endlessly hyped expansion in gross domestic product (GDP) of the past two decades, the economy has changed dramatically. The American Dream boils down to social and economic mobility, a.k.a. getting ahead through hard work, merit and wise investments in oneself and … Continue reading

Posted in General | Tagged , , , , , | Leave a comment

Are the Rise of Social Media and the Decline of Social Mobility Related?

I’ve often addressed the decline of social mobility and the addictive nature of social media, and recently I’ve entertained the crazy notion that the two dynamics are related. Why Is Social Media So Toxic? I have long held that the decline … Continue reading

Posted in General | Tagged , | Leave a comment

Here’s What We’ve Lost in the Past Decade

The past decade of “recovery” and “growth” has actually been a decade of catastrophic losses for our society and nation. Here’s a short list of what we’ve lost: 1. Functioning markets. Free markets discover price and assess risk. What passes for markets … Continue reading

Posted in General | Tagged , , , | Leave a comment

Our Economy Is Failing Our Society

One of the most unrecognized dynamics of our era is the structural dependence of our society on our economy. One set of pundits, politicos and academics wring their hands over the fragmenting of civil society (the rise of disintegrative, divisive forces and the decay … Continue reading

Posted in General | Tagged , , , , , , | Leave a comment