A thing I’ve been contemplating and will write on is how our discussions about class (which should be about money) have become about cultural class, and not about money at all. Which is weird!
I think @OsitaNwanevu made this point over the weekend but we very rarely discuss working class people who live in major cities or on the coasts, people who are somehow framed as “elite” purely because they live in a city.
Being an elite, to me, should mean “being wealthy and thus having more economic power,” but that’s not what people frame it to mean anymore, because that would indict too many of those very same people.
Now you can be an elite while making virtually no money, while someone who owns like six car dealerships in Findlay, Ohio is not an elite, despite having a significant income. This is very strange to me!
I think the overall thing is not that the guy who has a PhD has no power, or that the guy who owns six car dealerships has no power, it's that they *both* have power, but neither seems to want that, because that carries responsibility in some manner.
Thank you all for your thoughts yesterday, this will be in this week's newsletter, along with the fact that John Calipari's buyout at Kentucky is fifty-four million dollars
Buyout numbers in men's college basketball are wild. Fred Hoiberg's buyout at Nebraska is 22 million dollars. 22 million American dollars would have to be spent to make Fred Hoiberg go away.
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