Technocratic management, no matter how brilliant, cannot unwind structural inequalities.
https://www.theatlantic.com/ideas/archive/2020/02/how-mckinsey-destroyed-middle-class/605878/
* Derek Thompson: Why is the young left out to get Buttigieg? Here are four theories: * 90 of the world’s 100 largest corporation * s * organization men * a third of the private-sector workforce * industrial self-government * flipping burgers in the 1960s to become CEO * 1939 to 1950, hourly workers’ wages rose roughly three times faster than elite executives’ pay * earliest consultants were engineers * its first Harvard M.B.A. until 1953 * The Social Responsibility of Business is to Increase its Profits * Business Roundtable * Daniel Markovits: How life became an endless, terrible competition * overhead value analysis * The New York Times * peaked * abandoned lifetime employment in the 1990s * asked gun-shop owners around its headquarters to close their stores * United Parcel Service * the share of private-sector workers belonging to a union fell * consultants * engagement for Blue Cross Blue Shield of Michigan * now deploys algorithmic processing * R * ead: The 9.9 percent is the new American aristocracy * today’s CEOs make nearly 300 times as much * 10 percent of the total profits * put it dryly * Derek Thompson: The new servant class * 70 * Fortune * 500 CEOs among its alumni * any other company’s in the world * popular first job * Stanford graduates * sends nearly a quarter of its graduating class into consulting * more likely * McKinsey pays B.A.s nearly $100,000 * newly minted M.B.A.s nearly $200,000 * boasting * university-like capabilities * recent survey * Harvard Crimson * he has said * In an interview with * The Atlantic * , * Read: What Pete Buttigieg says he did at McKinsey * ICE * opioid manufacturers * authoritarian * regimes * answered, * The Intercept * Submit a letter * Daniel Markovits * The Meritocracy Trap