The Smart Economy

Most men are encouraged to assume that, in general, the most powerful and the wealthiest are also the most knowledgeable or, as they might say, the smartest. Such ideas are propped up by many little slogans about those who “teach because they can’t do,” and about “if you’re so smart, why aren’t you rich?” But all that such wisecracks mean is that those who use them assume that power and wealth are sovereign values for all men and especially for men “who are smart.” They assume also that knowledge always pays off in such ways, or surely ought to, and that the test of genuine knowledge is such pay-offs. The powerful and the wealthy must be the men of most knowledge, otherwise how could they be where they are? But to say that those who succeed to power must be “smart,” is to say that power is knowledge. To say that those who succeed to wealth must be smart, is to say that wealth is knowledge.

C. Wright Mills, On Knowledge and Power, 1954.

Advertisements

0 Responses to “The Smart Economy”



  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




I on Twitter

February 2009
M T W T F S S
« Jan   Mar »
 1
2345678
9101112131415
16171819202122
232425262728  

%d bloggers like this: