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The problem with the old system of authority ranking was arrogance - the assumption that the world ought to be ordered according to the whims of Capital. The problem with the new order is greed - the assumption that Talent deserves whatever it can extort.

Malcolm Gladwell, “Talent Grab” in the October 11, 2010 issue of The New Yorker. The New Yorker is, hands down, my favorite magazine, and Gladwell’s work has never failed to fascinate and captivate. He explores why professional athletes are paid millions of dollars to hit a ball and corporate executives are making 350 times more than the average employee, while the salaries of school teachers, social workers, research scientists, computer programmers have stagnated in the past few decades.

(Source: newyorker.com)

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