Patrick Winston’s How to Speak talk has been an MIT tradition for over 40 years. Offered every January, the talk is intended to improve your speaking ability in critical situations by teaching you a few heuristic rules.
The legacy system is affirmative action for the privileged.
We progressives hail opportunity, egalitarianism and diversity. Yet here’s our dirty little secret: Some of our most liberal bastions in America rely on a system of inherited privilege that benefits rich whites at the expense of almost everyone else.
I’m talking about “legacy preferences” that elite universities give to children of graduates. These universities constitute some of the world’s greatest public goods, but they rig admissions to favor applicants who already have had every privilege in life.
.. Most of the best universities in America systematically discriminate in favor of affluent, privileged alumni children. If that isn’t enough to get your kids accepted, donate $5 million to the university, and they’ll get a second look.
.. Reeves noted the irony that in Europe and most of the rest of the world, there is no such explicit system of legacy preferences, yet in supposedly egalitarian America it is formal and systematic.
.. Isn’t it a bit hypocritical that institutions so associated with liberalism should embrace a hereditary aristocratic structure? Ah, never underestimate the power of self-interest to shape people’s views. As Reeves put it dryly: “American liberalism tends to diminish as the issues get closer to home.”
.. having a parent graduate increased the chance of admission at 30 top colleges by 45 percentage points. For example, a candidate who otherwise had a 20 percent shot became a 65 percent prospect with a parent who had graduated from that school.
.. Earlier, a 2004 Princeton study estimated that legacy at top schools was worth an additional 160 points on an SAT, out of 1600 points.
Legacy preferences apparently were introduced in America in the early 1900s as a way to keep out Jewish students. To their credit, some American universities, including M.I.T. — not to mention Oxford and Cambridge in Britain — don’t give a legacy preference.
The top universities say that legacy preferences help create a multigenerational community of alumni, and that’s a legitimate argument. They also note that rewarding donors helps encourage donations that can be used to finance scholarships for needy kids.
Yet on balance, I’m troubled that some of America’s greatest institutions grant a transformative opportunity disproportionately to kids already steeped in advantage, from violin lessons to chess tournaments to SAT coaching. On top of that, letting wealthy families pay for extra consideration feels, to use a technical term, yucky.
Liberals object to the Supreme Court’s Citizens United decision allowing tycoons to buy political influence, so why allow tycoons to buy influence in college admissions?
Individuals bear much of the blame for fake news. The study found that false rumors travel the Internet much more rapidly and widely than facts. These untruths get their velocity and reach not from celebrity influencers but from ordinary citizens sharing among their networks.
Evidently, we humans have a strong preference for novelty and sensationalism over scrupulous reality.
.. “Falsehood diffused significantly farther, faster, deeper, and more broadly than the truth in all categories of information,” the MIT scientists concluded after examining more than 125,000 stories shared by more than 3 million Twitter users. The most viral lies, they found, involved “false political news.”
.. Politics is tribal. It is a way of organizing conflict.
.. We are inclined to credit anything we hear from our allies and to believe the worst of our foes. In politics we see information as potential ammunition; we evaluate it for its potency and lethality rather than its strict veracity.
.. the Internet smokes out our self-deceptions and shows us as we really are.
Gambling and porn flourish on the Internet. Reasoned civil discourse, not so much.
.. This is a profound blow to idealists of the marketplace of ideas. From Adam Smith to Friedrich Hayek to James Surowiecki, the author of “The Wisdom of Crowds,” wise thinkers have emphasized the positive economic effects of dispersed power. A great many people, free to pursue the wisdom of their experiences and the perspectives from their vantage points, will arrive — as if moved by an invisible hand — at better results than any single mind or central planning bureaucracy could achieve.
.. But it turns out that the crowd is wise only when it is asking the right questions. A crowd determined to get the best value on flat-screen televisions will soon discover the proper price; but a crowd swept up by tulips or cryptocurrency may find itself pricing euphoria instead of value.What we see from Twitter and other platforms clearly signals that too many people are asking the wrong questions.. our ability to spread our careless and malign thinking is brand-new. Of all the digital-age jargon, perhaps none is more apt than “going viral,” because the contagion of bad information is a matter of individuals passing germs from host to host with geometric speed. Only disciplined digital hygiene can halt the epidemic.
In fiscal year 2016, the Pentagon issued $304 billion in contract awards to corporations—nearly half of the department’s $600 billion-plus budget for that year.
the biggest beneficiaries by a country mile were
- Lockheed Martin ($36.2 billion),
- Boeing ($24.3 billion),
- Raytheon ($12.8 billion),
- General Dynamics ($12.7 billion), and
- Northrop Grumman ($10.7 billion).
Together, these five firms gobbled up nearly $100 billion of your tax dollars, about one-third of all the Pentagon’s contract awards in 2016.
Health care companies like
- Humana ($3.6 billion),
- UnitedHealth Group ($2.9 billion), and
- Health Net ($2.6 billion) cash in as well,
and they’re joined by, among others, pharmaceutical companies like
- McKesson ($2.7 billion) and
universities deeply involved in military-industrial complex research like
- MIT ($1 billion) and
- Johns Hopkins ($902 million).
.. The heads of the top five Pentagon contractors—Lockheed Martin, Boeing, Raytheon, General Dynamics, and Northrop Grumman—made a cumulative $96 million last year.
These are companies that are significantly or, in the cases of Lockheed Martin and Northrop Grumman, almost entirely dependent on government dollars.
.. Donald Trump initially spent a fair amount of tweeting energy bragging about how he was going to bring such contractors to heel on their pricing practices for weapons systems. In fact, he’s already turned out to be good news indeed for major contractors, most of whom have seen sharp upturns in revenues and profits
.. Trump has proven eager to lift restrictions on U.S. weapons sales abroad (and enlist State Department and Pentagon officials to spend more of their time shilling such weaponry).
.. The arms industry’s investment in lobbying is even more impressive. The defense sector has spent a total of more than $1 billion on that productive activity since 2009, employing anywhere from 700 to 1,000 lobbyists in any given year.
.. you’re talking about significantly more than one lobbyist per member of Congress, the majority of whom zipped through Washington’s famed “revolving door”; they moved, that is, from positions in Congress or the Pentagon to posts at weapons companies from which they could proselytize their former colleagues.
.. Two analysts from U.S. war colleges have estimated that about 300 deliverable nuclear warheads would be enough to dissuade any nation from attacking the United States with a nuclear weapon.
.. And note that the current trillion-dollar “modernization” program for the nuclear arsenal was initiated under President Barack Obama, a man who won the Nobel Prize for his urge to abolish all such weaponry.
.. In 2011, a study by economists from the University of Massachusetts made this blindingly clear. What they showed was that military spending is the worst way to create jobs. Putting the same money into any other area—from infrastructure to transportation to alternative energy to healthcare or education—creates up to twice as many jobs as military spending does.
.. Contractors aid and abet the process of investing in the Pentagon by routinely exaggerating the number of jobs their programs create.
.. the best jobs generated by Pentagon spending are the ones for well-heeled lobbyists and overpaid corporate executives.
.. So the next time someone suggests that the Pentagon needs yet more money for the troops, just remember that what they’re actually talking about are troops of overpaid defense contractors, not members of the armed forces.