William K. Black
December 8, 2018 Bloomington, MN
The funeral services for President George HW Bush triggered Ross Douthat’s nostalgia for the “aristocratic virtues of the old WASP establishment, and a disappointment with the meritocracy that has risen in its place.” This column ignores his nostalgia and alleged virtues and discusses briefly his bizarre assumption that a “meritocracy” runs America. Given the 2008 Great Financial Crisis (GFC) and President Trump, I thought that the meritocracy fantasy was dead. We are far closer to anti-meritocracy (a kakistocracy). Continue reading
