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Transcripts for CNN CNN Special Report 20191021 01:34:00

system. we ve constructed a gilded cage that ensnares the rich and excludes the rest. yale law school professor daniel markovits told students that the payoff they had been working for their whole lives is actually a trap. working from 8:00 a.m. to 58 p.m., six days a week, without vacation or sick days, for every week of the year. in other words, the system isn t even working for the winners. we re now in a state in which a narrow elite is much too rich for society s good and works much too hard for its own good. markovits main argument is that by awarding a specific kind of achievement above all else, the meritocracy is making americans miserable and creating a hyperunequal society. if you re a middle class kid or a poor kid, you simply can t compete with the educations that rich kids are getting.

Transcripts for CNN CNN Special Report 20191021 04:34:00

week of the year. in other words, the system isn t even working for the winners. we re now in a state in which a narrow elite is much too rich for society s good and works much too hard for its own good. markovits main argument is that by rewarding a specific kind of achievement above all else, the meritocracy is making americans miserable and creating a hyperunequal society. if you re a middle class kid or a poor kid, you simply can t compete with the educations that rich kids are getting. that s one of the reasons why at 38 of the most elite colleges including yale, princeton, and brown, you ll find more students from families in the top 1% than the bottom 60%. but there is another way. an alternate universe, if you will. at a small liberal arts college in the foothills of appalachia. [ church bells ]

Transcripts for CNN Fareed Zakaria GPS 20191006 17:55:00

week, they were confronted with water cannons, tear gas, and for the first time the use of lethal force. the throngs are angry with the local government in hong kong and with the mainland chinese government. a news piece highlights how the rest of the world views china. it brings to my question, which country views china the least favorably? the united states, nigeria, russia or japan. stay tuned and we ll tell you the correct answer. my book of the week is dani daniel markovits the meritocracy trap. he says it s become a system

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