Podcast-Ep-11— Who are the 1%? — What professions drive inequality- big-tech, meritocracy vs cronyism
A conversation with Jonathan Rothwell (Principal Economist — Gallup) on sources of inequality, what professions constitute 1%, impact of modern school segregation, meritocracy vs cronyism and much more!
PS:- This is a long interview format.
Jonathan Rothwell — Principal Economist at Gallup — in a conversation with Alok Shukla to discuss some major findings of his book — “A Republic of Equals: A Manifesto for a Just Society”
We discuss the surprising composition of 1% and how non-competitive sectors like medical professionals, dentists, lawyers etc have been able to corner a large portion of 1% economic prosperity.
Jonathan talks about meritocracy being the driver of reduction of inequality, problems of segregation — including Asian School segregation and why does a positive intent can also have negative consequences, when it castes away other communities.
We also touch upon Nassim Nicholas Tayeb observation on IQ tests being a pseudoscientific swindle and how data does not support the natural assertion of genetic superiority of any race.
