Book of the week: Twilight of the Elites: America After Meritocracy by Christopher Hayes

Hayes’s faults a whole class of high achievers for the abuses of power that have pushed the nation's institutions to the brink.

(Crown, $26)

So much for the American meritocracy, said Jesse Singal in TheDailyBeast.com. Over the past 10 years, which Nation editor and MSNBC host Chris Hayes calls the “fail decade,” Americans have watched as many of our major institutions have been pushed to the brink of failure by corruption, incompetence, or greed. Hayes’s Twilight of the Elites “tells a sweeping story of American decline” that implicates a whole class of high achievers in the abuses of power that have rocked government, banking, the Catholic Church, even Major League Baseball. More than anything, we’ve been let down, he says, by our dream of a society in which each generation’s elite rises on individual merit. Instead, life’s winners are rigging the system in their favor, creating a nation where the middle ranks get a bum deal and their chances of climbing out and up are slim.

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