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Now that we can compare robust data for different countries, we can see not only what we knew intuitively — that inequality is divisive and socially corrosive — but that it also damages the individual psyche.

Our tendency to equate outward wealth with inner worth invokes deep psychological responses, feelings of dominance and subordination, superiority and inferiority. This affects the way we see and treat one another.

To compare mental illness rates internationally, the World Health Organization asked people in each country about their mood, tiredness, agitation, concentration, sleeping patterns and self-confidence. These have been found to be good indicators of mental illness.

Instead of self-confident and self-centered answers, the author humbly asks fundamental questions: What is economics? What is its meaning? Where does this new religion, as it is sometimes called, come from? What are its possibilities and its limitations and borders, if there are any? Why are we so dependent on permanent growing of growth and growth of growing of growth? Where did the idea of progress come from, and where is it leading us? Why are so many economic debates accompanied by obsession and fanaticism?

The majority of our political parties act with a narrow materialistic focus when, in their programs, they present the economy and finance first; only then, somewhere at the end, do we find culture as something pasted on or as a libation for a couple of madmen.

most of them—consciously or unconsciously—accept and spread the Marxist thesis of the economic base and the spiritual superstructure.

The U.S. was never intended to be a democracy; it was designed as a Republic. The Rule of Law (the U.S. Constitution,) was crafted to "bind down from mischief" the Rule of Man. Nevertheless, two centuries later the Rule of Law has been subverted completely, the Constitution is now meaningless, and we find ourselves living in a Fascist dictatorship run chiefly (though not solely) by Wall Street. A quiet coup d'etat has taken place over the span of many years and decades, and ours is an occpied country now. Even so, American fascism will ultimately fail and collapse. It is inevitable. Too much debt, too much misery, too many structural problems, and more Black Swans waiting in the wings than AmeriKa can possibly hope to survive. It's hard to say what the next chapter will look like, but it will be Hell on wheels, I'm sure.

The bank experience showed how you could be oppressed by hierarchy, working in an environment where you were neither free nor equal. But this implied that freedom and equality were bound together in some way beyond the basic state of being unenslaved, which was an unorthodox notion. Much social thought is rooted in the idea of a conflict between the two.

If individuals exercise freedoms, conservatives like to say, some inequalities will naturally result. Those on the left basically agree—and thus allow constraints on personal freedom in order to reduce inequality. The philosopher Isaiah Berlin called the opposition between equality and freedom an “intrinsic, irremovable element in human life.” It is our fate as a society, he believed, to haggle toward a balance between them.

What if they weren’t opposed, Anderson wondered, but, like the sugar-phosphate chains in DNA, interlaced in a structure that we might not yet understand?

the last thing an elite education will teach you is its own inadequacy

I’m talking about the whole system in which these skirmishes play out. Not just the Ivy League and its peer institutions, but also the mechanisms that get you there in the first place: the private and affluent public “feeder” schools, the ever-growing parastructure of tutors and test-prep courses and enrichment programs, the whole admissions frenzy and everything that leads up to and away from it. The message, as always, is the medium. Before, after, and around the elite college classroom, a constellation of values is ceaselessly inculcated.

The first disadvantage of an elite education, as I learned in my kitchen that day, is that it makes you incapable of talking to people who aren’t like you. Elite schools pride themselves on their diversity, but that diversity is almost entirely a matter of ethnicity and race. With respect to class, these schools are largely—indeed increasingly—homogeneous. Visit any elite campus in our great nation and you can thrill to the heartwarming spectacle of the children of white businesspeople and professionals studying and playing alongside the children of black, Asian, and Latino businesspeople and professionals.

in the summer of 2002, long before “fake news” or “post-truth” infected the vernacular, one of President George W. Bush’s top advisers mocked a journalist for being part of the “reality-based community.” Seeking answers in reality was for suckers, the unnamed adviser explained. “We’re an empire now, and when we act, we create our own reality.”

This was the hubris and idealism of a post-Cold War, pre-Iraq War superpower: If you exert enough pressure, events will bend to your will.

the deceit emanating from the White House today is lazier, more cynical. It is not born of grand strategy or ideology; it is impulsive and self-serving. It is not arrogant, but shameless.