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Yes it’s already common. Look at the concentration and over representation of Ivy League schools in industries like finance. It’s very unlikely those places wou
by andreilys 6y ago
Yes it’s already common. Look at the concentration and over representation of Ivy League schools in industries like finance. It’s very unlikely those places would even bother interviewing someone with low social status (I.e. poor and grew up on food stamps).
I don’t think it’s great that this happens, it insulates elites from those with working class backgrounds and accelerates inequality.
- whimsicalism 6y ago> Ivy League schools in industries like finance This also has to do with the fact that, in consulting and finance, it is the perception of intelligence by the customer that is much more important than the actual intelligence. Managers would rather hire the team of consultants from the Ivy League and rich people would rather pay the management fees for the Ivy League team to manage their money. In industries that are more directly merit based and less "customer perception" based, you don't have as large of an over-representation.
- occamrazor 6y agoThis doesn’t justify the practice. If my clients were racist, should I be allowed to only hire white people?
- derivagral 6y agoIf you have racist clients, I'd expect that this would manifest more as assigning the "right" demographic of employee to the clients and keep the "wrong" ones far away from those meetings, as opposed to a straight-up hiring restriction. I don't think GP was trying to justify the practice, but noting that this exists in domains like finance because the product is an image, not actual performance.
- whimsicalism 6y agoTo be very clear, I'm not claiming the practice is just. It isn't. My only claim is that this doesn't arise just because of bias of the interviewers.