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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
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“The stay-at-home mother/breadwinning father model is based on the idea that the parent with less workforce experience—and, sometimes, less education, too—spends more time with their children than the parent whose job and education provides them with more academic skills and institutional knowledge. The resources that the family holds then are not passed down to the child, as the parent whose resources are typical of the upper-middle-class does not spend substantial time with the child, while the parent with resources more typical of the working-class does more to raise the child.”
― Privilege Lost: Who Leaves the Upper Middle Class and How They Fall
― Privilege Lost: Who Leaves the Upper Middle Class and How They Fall
“Americans tend to celebrate upward mobility, bemoan class reproduction, and, up to now, ignore downward mobility.”
― Privilege Lost: Who Leaves the Upper Middle Class and How They Fall
― Privilege Lost: Who Leaves the Upper Middle Class and How They Fall
“most college-educated men who married in the 2000s married college-educated women.36”
― Privilege Lost: Who Leaves the Upper Middle Class and How They Fall
― 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.”
― Privilege Lost: Who Leaves the Upper Middle Class and How They Fall
― 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.”
― Breakneck: China's Quest to Engineer the Future
― Breakneck: China's Quest to Engineer the Future
Ran’s 2025 Year in Books
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