What Went Wrong by George R. Tyler

Author:George R. Tyler [TYLER, GEORGE R.]
Language: eng
Format: epub
ISBN: 9781937856724
Publisher: BenBella Books, Inc.
Published: 0101-01-01T00:00:00+00:00

CHAPTER 16

THE OPPORTUNITY SOCIETIES OF STAKEHOLDER CAPITALISM

“Free market capitalism is … the engine of social mobility, the highway to the American Dream.”1

GEORGE W. BUSH,

President, November 2008

“The economics literature, based on correlation or regression coefficients, suggests that the United States may, indeed, be exceptional, but not in having more mobility, but in having less, a finding our results support.”2

MRAKUS JÄNTTI, et al,

University of Oslo, 2005

[College in America] “Rich, stupid children are more likely to graduate than poor, clever ones.”3

Economist,

April 17, 2010

[The dominant role of parental wealth] “… very manifestly displays the anti-meritocracy in America—the reproduction of social class without the inheritance of any innate ability.”4

DALTON CONLEY,

Director, Center for Advanced Social Science Research, New York University, December 2007

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