To add to my previous comment re: raising the average, the liberal arts, and democracy: Korea, Taiwan, Singapore. These are all nominally democracies, but they are also much more authoritarian than the western democracies. And that is what a concentration of resources at the top of the academic pyramid facilitates. Authoritarians need a small coterie of highly trained people to manage their societies. They don't need the masses that think they have a place in governance. It isn't surprising that America's business elites find this authoritarian model appealing--American businesses are not democracies. But if I were to find myself anywhere in the bottom 90 percent of society (Come to think of it, that is where I find myself!) I'd much rather live in, say, Denmark, than Taiwan. Maybe that is where we should look for models: the egalitarian West, rather than the authoritarian East.
Let me pose a counter argument.
In many fields, we already have more PhDs than we know what to do with. There aren't enough university positions for all of them. Their salaries end up not being commensurate with all those years spent in school, and they live miserable frustrating lives trying to raise funding for their research.
On the other hand, in the USA the public debate still revolves around things like supply-side economics, climate change, and what God thinks about abortion. Issues that are settled among educated people who aren't demagoguing an issue for personal gain.
I would posit that we are already doing enough for the gifted in our society. What we really need to do is *raise the average*. If that means we end up with plumbers who speak three languages and have a B.S. in chemistry, so be it. We are better off as a society when the average person is equipped with the skillset of a university graduate. If you look at the Nordic countries, they're pretty much already there, and better for it.
This was the reason people like Thomas Jefferson supported public education. Not as job training, but as a prerequisite of citizenship. For democracy to succeed, the average person must possess the "ars liberalis"--the liberal arts--literally, the arts and skills of being a free person.
I'm sure that Google, with the tens of billions of dollars it has invested in the infrastructure necessary to catalog all the information on Earth, is shaking in its boots. Some 19 year old is building a data center in his dorm room RIGHT NOW...
from what I read in the article, it sounds pretty dumb and insulting.
Jesus Christ, do we really need a class to teach kids that there are negative ramifications to overdrawing your checking account? We need to understand WHY people overdraw their checking accounts. People gots no money! People gots no jobs! They need to pay bills! They calculate that $200 in overdraft fees might not be as bad as being evicted for nonpayment of rent. So they suck it up.
These are hard times for the middle class and... working class? (Does that even still exist?) These "financial literacy" initiatives are all about blaming the victims of impossible financial circumstances for their hardships.
Do this the right way, and they'll put themselves through college, as did a close friend of mine from high school.
Um, yeah. If your grades are good, but you and your parents are flat broke, you may be eligible for need-based financial aid. Either that, or you attend a state school that is generously subsidized by taxpayers. This is how people "put themselves through college." No one puts themselves through college paying the full retail price by working at McDonald's. A truthful financial literacy class would help you understand why.
Here you demonstrate the problem graduates of elite universities deal with in the job market. Unless you go straight from university to an investment bank or Google, 95 percent of the people you deal with are not graduates of elite universities. And most of them fervently want to believe they are just as competent as you. Despite the fact that you busted your ass academically for 16+ years, while they may or may not have.
I mean, there are some very competent graduates of 2nd tier state schools. But there are also a lot of people who just went through the motions and were churned out of the system. You can't really do that and get through an Ivy-caliber school. Graduates of lesser schools don't want to acknowledge this, and treat all four-year degrees the same.
Carbon monoxide. You never experience the panic of suffocation, which is brought about by the build-up of carbon dioxide in the bloodstream. You start to feel kind of loopy, experience a state of euphoria, then go to sleep and never wake up.
We don't use this method because supporters of the death penalty want the condemned to suffer.
Well, that's what I gleaned from this BBC documentary on the death penalty, "How to Kill a Human Being."
$2.99 to rent a film for 3 days is a fucking rip off? You lost me there. I would add, the timer on the three-day period doesn't start until you start watching the movie (on Amazon, at least.) You have a month to start watching the movie.
And if the kids are going to watch Despicable Me (for instance) hundreds of times, yes, the studios and distributor clearly *would* lose money by not offering a "buy" vs "rent" scenario. $10 to stream Despicable Me (in SD) as many times as you want! Now clearly this is a value judgment. I can't tell you you're wrong for how you feel about that. But clearly, a lot of people find that reasonable. As someone who lived through the '80s and '90s, and paid $4 to rent a VHS tape at Blockbuster, then often paid an extra $2 a day in late fees on top of that, I find it a hell of a deal. To me, it's not worth pirating a movie to save $2.99.
A bit of a digression though. The issue with Game of Thrones is that you *can't* stream recent episodes for a fee. You have to have a costly cable subscription. Different kettle of fish, which is why the show is so pirated.
Yep. Facebook became less fun the second my parents friended me. And I'm in my 40s! Oh sure I could block them, along with all my uncool relatives. But c'mon, they're still my family. I don't want to do anything so drastic, even if it means I'm deluged with status updates that are less interesting than when I was connected only to my closest peer group.
Moreover, for me it was all about reconnecting with friends in distant places, people I hadn't heard from in 10 years or more. What's the appeal for a teenager? For the majority of them, their friends mostly live within a 10-mile radius. They're not so concerned with whatever happened to that boy who moved away in the second grade.
Oh, and there's Words with Friends. I think the kids are into different sorts of online gaming, however.
Apple has been in *Cupertino* since the '70s. The buses are a relatively recent development. Before the buses, you'd have to be a die-hard city person to make the 50-mile commute every day in your own car or (God forbid) via Muni, Caltrain, and employer-provided shuttle.
Full disclosure: I have commuted to Cupertino via Muni, Caltrain, and shuttle. Yes, Cupertino sucks that bad as a place to live.
The fact that the traders count milliseconds is proof that they are just scam artists. Parasites, producing nothing of value. High-speed trading is nothing but a mechanism for funneling money to the rich from everyone else.
Pass single-payer, as we should have done in the first place, and send everyone to medicare.gov.
What "far left" positions has the Democratic party taken? The Affordable Care Act is essentially what the Republicans were proposing for health care reform 20 years ago.
Precious metals: Bad, unless you like having your business decisions determined by the supply of something your business doesn't actually need to make things.
Base metals: Better than precious metals, but kind of heavy. A close second to paper.
Paper: As in dollar bills. *BEST*. Easy to carry, accepted everywhere, and for the most part anonymous. And for all its flaws, I'd rather have monetary policy set by the Federal Reserve than by the amount of gold governments are able to wrench from dwindling supplies in ecologically distressed areas.
Plastic: I'm not sure what this means. Credit cards = electrons & math. If plastic currency, well that's just like paper but not as bendy. Paper preferred.
Electrons and math: This is what I actually use, for convenience, most of the time, but I'd hate to live in a world where the only currency is one that cannot be used without connecting to a computer network.
As a former print / online journalist who quit the business because he didn't want to take a second job at Denny's to pay the bills, I'll venture a guess that most of these "elite bloggers" would welcome the opportunity to work at an organization that can afford to pay them what they're worth and provide them the resources to do their jobs.
Whether Bezos will offer that remains to be seen. He certainly could afford to do so, if he chose.
On the other hand, Amazon isn't exactly a shining beacon of progressive business and labor practices.
On the other hand, plenty of plutocrats who were not exactly friendly with organized labor have run journalistic enterprises that did MOSTLY good work. I can't think of a single newspaper of record in the United States that doesn't side with the business side of any labor issue, or with the establishment in general.