42 - The New Aristocracy feat. Matthew Stewart
Update: 2022-05-02
Description
Matthew Stewart is a philosophy PhD and author. He’s also a Princeton guy and former management consultant so he knows rich people.
His new book, The 9.9%, is about them. Not the super-rich, but the doctors, lawyers and managers that go to good colleges and live in nice neighbourhoods. The “nearly rich and not-famous,” as he puts it.
We talk about how these people raise their kids, get their money and block the poorer element from their neighbourhoods. Matthew reckons the 9.9% are a new kind of aristocracy that’s entrenching inequality and making everyone hate parenting. In the end, it’s not really the white collar player he hates; it’s the game of inequality. Though he doesn’t sound very fond of the players either.
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