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Book cover for Breakneck: China's Quest to Engineer the Future
These two countries are messy in part because they are both engines for global change. Europeans have a sense of optimism only about the past, stuck in their mausoleum economy because they are too sniffy to embrace American or Chinese ...more
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“Arts and sports jobs are in what scholars call a “winner-takes-all” labor market—one in which the best of the best earn sky-high salaries and enjoy job security while the remainder receive little at all.9”
Jessi Streib, Privilege Lost: Who Leaves the Upper Middle Class and How They Fall

“Starting in the 1920s, elite universities began admitting students based on their artistic and athletic talents. These criteria initially provided colleges with mechanisms to discriminate against Jews, whose academic performance qualified them for admission.16 However, after adding artistic and athletic talents to the admissions criteria, they took on a life of their own.”
Jessi Streib, Privilege Lost: Who Leaves the Upper Middle Class and How They Fall

“Rebels were also unlikely to find professional work as they had false ideas about obtaining it. They tended to believe that jobs and opportunities should come to them, rather than that they would need to look for work.”
Jessi Streib, Privilege Lost: Who Leaves the Upper Middle Class and How They Fall

“A four-year college degree and professional job define membership in this social class, and only about one in five white American children have at least one parent with these statuses.”
Jessi Streib, Privilege Lost: Who Leaves the Upper Middle Class and How They Fall

“These two countries are messy in part because they are both engines for global change. Europeans have a sense of optimism only about the past, stuck in their mausoleum economy because they are too sniffy to embrace American or Chinese practices. And the rest of the world is either too mature or too young to match the impact of these two superpowers. It is Americans and Chinese—Silicon Valley, Shenzhen, Wall Street, and Beijing—that will determine what people everywhere will think and what they will buy.”
Dan Wang, Breakneck: China's Quest to Engineer the Future

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