13 July 2017

Quote of the Day

What centrists are missing is that elites have too much power and too little competence.
Chris Dillow
Mr. Dillow is noting that the Blairites have missed the reality, that their base, the highly paid managerial class is not particularly good at their jobs, and so are grossly overpaid, which costs the rest of us.

It's a very specific critique that nicely frames the complete intellectual bankruptcy of the Blairites, because it is predicated on ignoring that, "Parasitic managerialism caused the financial crisis, greatly contributed to the productivity slowdown and is now wreaking damage to universities. New Labour’s fetishizing of “leadership” and targets helped to legitimate this."


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