Jim Sleeper: Should Yale University Name a Building for a Rapacious Capitalist?

Diane Ravitch's blog

Jim Sleeper writes here about Yale University’s intention to name a building in honor of Steven Schwarzman, to acknowledge his gift of $150 million.

When Yale announced a $150 million donation from alumnus and plutocrat Stephen Schwarzman last year to convert its historic Commons and Memorial Hall into the “state of the art” Stephen A. Schwarzman Student Center, an undergraduate, Nathan Kohrman, penned a deft summary of the man’s arrogant blundering through the American public sphere that the college has long cherished and nourished:

“What about Schwarzman —other than his estimated $10 billion fortune — does Yale find appealing? Surely not his belief, as of October 2015, that Donald Trump’s ‘political incorrectness’ makes him ‘good for democracy.’ Surely not his 2011 suggestion to raise taxes on the working poor because ‘skin in the game’ might make them work harder. Surely not his view that a 2010 bipartisan effort to close…

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