Modern meritocracy succeeded for Harvard by making admission scarce, growing its endowment, producing billionaires, and placing Harvard/Ivy graduates throughout the American elite.
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Billionaires
Modern meritocracy succeeded for Harvard by making admission scarce, growing its endowment, producing billionaires, and placing Harvard/Ivy graduates throughout the American elite.
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Key Notes
He says billionaires make no sense because money is meant to circulate as a mechanism of exchange and transaction rather than sit accumulated by a few people.
Timestamped Evidence
"...The success of the Harvard alumni is just incredible. The most billionaires in America, Harvard graduates more billionaires than any other place. Okay? 127..."
"Okay? And you have MIT, Stanford, Pennsylvania, Columbia, Yale, Cornell, Princeton. Guess what, guys? Ivy League plus MIT. Okay? Okay. $30 million. Still, Harvard..."
"...of philosophers and professors. But they're everywhere. Even Pulitzer Prize winners, billionaires, New York Times bestselling authors, Fortune 500 CEOs, federal judges, senators. Okay?..."
"...inequality has increased. Fewer and fewer people have money, okay? Guys, billionaires make no sense. Do you understand? Why should a few people have..."
"...in the bank, what's the point of that? Okay? So, having billionaires is a bad thing. And if you go to America, you'll find..."
"...don't want to share. They want to live the life of billionaires, and they want us to own nothing and be happy about it...."
"the, the people in control, really the handful of billionaires that run the world really did want a depopulation agenda?"
"Look at these billionaires, right? Like Elon Musk. How many wives does he have? How many children does he have? Right? All the women..."
"...Gates Mark Zuckerberg Jeff Bezos Elon Musk How did they become billionaires? Guys Guys, I don't think they're smarter than us. In fact, I..."
"...have great sex. You'll live forever, okay? If you are a billionaire. Everyone else, uh -oh, uh -oh. Well, first of all, you become..."
"...land of opportunity. If you work hard, you can become a billionaire. No, guys, that's not true, okay? If you balance your social society,..."
"...So let's just say, let's do a thought experiment. You're a billionaire, okay? You have like $100 million, $10 million, sorry, like $10 billion..."
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