The Age of Irony - InvestingChannel

The Age of Irony



That’s my prediction for the next 4 years.

Consider two definitions of Maoism:

1. Radical egalitarianism. Public shaming and forced apologies when people fail to spout obvious nonsense like, “All differences in pay between ethnic groups reflect racism.” (I guess there’s lots of racism against white Christian Americans, as they make less than Jews from Eastern Europe or Hindus from India.)

2. Resentment against the intellectual elite. Shut down the universities and send the intellectuals to the countryside.

Over the next four years, I expect to be eagerly munching on my popcorn as these two types of Maoists go after each other. Consider the following tweets:

Why not remove the tax exemption from all universities? Why would they go after only NGOs with more than $5 billion in assets? The answer is obvious. They are not upset by places like (relatively apolitical) Bentley College, where I used to teach. The right wing Maoists hate those pointy headed intellectuals at Harvard and Yale, as those are the people with real influence over our political system.

The ironies are rich. Our intellectual elite has an radical anti-elite ideology. Those who hate our intellectual elite, hate their anti-elite ideology. Thus they believe the elites must be punished.

Got that?

PS. Just to be clear. I’m not saying that going after tax breaks for universities is Maoist. (It may be good policy.) I’m saying that going after tax breaks for elite universities is Maoist.

HT: Razib Khan



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