Saturday, September 22, 2018

Bobama

New York Times on the premium music tour style pricing for Michelle Obama book events --

Anand Giridharadas, the author of “Winners Take All: The Elite Charade of Changing the World,” a critique of modern philanthropy, said the Obamas should not be held to a higher standard than other former public officials who have made money after holding office, but he added that he was still taken aback by the planned rollout. “As the first African-American president and first lady, I am very wary of arguments that they should not do something everybody else was allowed to do,” Mr. Giridharadas said. “But an arena with tiered seating is a powerful metaphor for everything they presumably want to destroy. What this illustrates to me is that cashing in has become our common culture in a way we don’t realize. It’s the water in which we’re all swimming.”

To understand what's happening here, you don't need to look any further than a case of the resolution of Status Income Disequilibrium.

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