PART OF, GULP, THE MERITOCRACY. Seriously.
Our leaders are failing us
Let’s start with the stuff: the problem. It isn’t just the pervasive political dysfunction. It’s “something deeper and more existentially disruptive: the near total failure of each pillar institution of our society.” led by incompetents obviously..
The now #financialcrisis and the economic depression it has precipitated are just the most recent instances of the Trump failure. The cumulative effect of #Coronavirus and the worlds failure to contain it, or the failed #socialsystem that created it. these failures are a now a world mood of exhaustion, frustration, and feelings of betrayal… There is a collapse of trust in institutions in the wake of war based on lies and a financial bubble that went bust.” even though Larry Kudlow is clueless.
Nor is it just the #government. #DonaldTrumpJr. Just accused Democrats of wanting millions to die just to make his daddy look bad..what a piece of work he is. Economists note that the private sector is in similar difficulty: “from the popping of the tech bubble, to #Enron, #WorldCom, and Global Crossing, to the Big Three automakers, to #LehmanBrothers, subprime, credit default swaps, the #BernieMadoff wannabes, #WellsFargo Bank just fined 3 billion dollars for predatory lending practices.
The overwhelming story of #WorldLeaders in the last decade has been perverse incentives for corruption, blinkered groupthink, #deception, #fraud, lacking opacity, and disaster.” If you can't see the emotional disquiet ensuing from these disasters playing out in different registers on the right and the left, your living under a rock, this is across the ideological divide there is a deep sense of alienation, anger, and betrayal directed at the #elites who run the countries. We do not trust our institutions because they have shown themselves to be untrustworthy.
Why are we having these problems? This is where we start to run into problems. Many blame it all on the #meritocracy. “Three decades of accelerating inequality,” “have produced a deformed social order and a set of elites who cannot help but be dysfunctional and corrupt laughing all the way to the bank...