America’s problem is massive inequality

Fake populists like Elise Stefanik (Harvard ’06) and Josh Hawley (Yale ’06) attack higher ed to protect corporations and the rich

More than a third of Harvard’s graduating seniors are heading into finance or management consulting – two professions notable for how quickly their practitioners “make a bag”, or make money, reports the New York Times.

Similar percentages show up in other prestigious universities.

Robert Reich, a former US secretary of labor, is a professor of public policy at the University of California, Berkeley, and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His newest book, The System: Who Rigged It, How We Fix It, is out now. He is a Guardian US columnist. His newsletter is at robertreich.substack.com