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Bad Faith

Episode 414 Promo - Death by PMC (w/ Catherine Liu)

Bad Faith

Bad Faith

Chapo, Bernie, Left, Leftism, Socialism, Socialist, Berniesanders, Comedy, Democrat, News, Politics

4.52.6K Ratings

🗓️ 14 October 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

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Catherine Liu wrote the definitive case against the Professional Managerial Class -- a group of elite wage workers who tend to dominate media, politics, and other leadership positions due to their educational attainment and other class signifiers that set them apart from the rest of the working class. She has identified the PMC as a key obstacle to achieving substantive gains for the working class as a whole. But is that changing as economic precarity reaches more and more people, and as candidates like Kamala Harris reveal the emptiness of PMC identity politics?

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Produced by Armand Aviram.

Theme by Nick Thorburn (@nickfromislands).

Transcript

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0:00.0

There's something so wrong about the way that education is structured that it's hoarded for people who can get through the eye of the needle.

0:10.0

When we need so much more education and we need to democratize it and we need to break down the walls of the institutions.

0:18.8

Well that's what I was going to go to next, that when I would just push back against the idea that there is no scandal big enough to shake

0:26.2

the foundations of our educational system it's not just the debates over and the scandals over testing and

0:34.3

admissions.

0:35.3

It's the debates over affirmative action which are related which have

0:40.7

had some interesting backlash consequences at certain schools where

0:45.3

Asian American emission rates also fell unexpectedly and some of the same

0:48.6

people that are on the same side of the arguments to get rid of affirmative action

0:52.4

are now filing suit to

0:55.8

remediate some aspects of the program and then to your point just now it's the

0:59.8

cost aspect of it where it really does feel to me that the crisis of cost in higher education

1:05.4

might be the thing that ultimately is the death now. It may have some significant

1:10.8

electoral consequences due to policy choices by the Biden administration,

1:15.9

people are going to be really starting to feel the recurrence of their student loan

1:20.0

obligations in the immediate month prior to the election.

1:25.0

It does feel like the kind of crisis that ultimately has to come to a tipping point in the same way as a,

1:31.0

you know, a kind of a 2008 banking crisis or any other kind of bubble is ultimately

1:35.3

destined to burst. What do you make about? You're very optimistic. You're optimistic.

1:40.8

Well, you say the bubble will burst, but when and if the bubble bursts it will not necessarily be great for the polity because even though I criticize liberals I want to hold them to a them to their standards of what they say they want, which is an

1:56.7

educated population. And these institutions are not working. They're not working for the masses of Americans. And when and if the bubble

2:07.5

bursts, which I'm not sure what would happen to the elite institutions, it basically would be like the same thing as 2008, where you have

...

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