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The elite is small. The companies engaging in practices like only hiring from Stanford CS, only hiring from Berkeley, and only hiring one ethnic group (!) from
by solidsnack9000 7y ago
The elite is small. The companies engaging in practices like only hiring from Stanford CS, only hiring from Berkeley, and only hiring one ethnic group (!) from Stanford are engaging in self-limiting behaviour, as far as head count goes; but their command of capital is high.
- peferron 7y agoWhich companies are you talking about?
- mdorazio 7y agoCan't speak for the parent comment, but for example back when I was in college doing recruiting, the big management consulting firms only recruited at and hired from specific schools (not mine).
- nickpsecurity 7y agoVery well said. They know it, too, like the leaked memos show: https://politicalgates.blogspot.com/2011/12/citigroup-plutonomy-memos-two-bombshell.html https://politicalgates.blogspot.com/2011/12/citigroup-pluton... The greatest threat identified was "equal voting power with the rich." Actually, more given they're 99% versus 1%. The threat is so great that those with capital spend absolutely enormous amounts of money on media convincing people to vote for candidates that are great for the rich but do a tiny thing here and there for everyone else. Also, that the activities facilitating the rich will get them there, too. It's working so far... Similar kind of crap with these "elite" schools and hiring strategies.