Entitlement Coalition versus Merit Coalition
The Financial Times of London weekly publishes a luncheon interview by one of its reporters with someone prominent in business, politics or the arts, and last week the subject was 63 year old tycoon Peter Brant of Greenwich, Connecticut. Knowing about Mr. Brant only what he says in the interview with Vanessa Friedman, one indentifies in the "corporate titan", art collector and polo player the embodiment of the Entitlement Elite that compose a rival leadership team to the traditional Merit Elite, as one might call them.
A wealthy industrialist ($500 million to $1.4 billion, estimated), Mr. Brant is well-ensconsed in the "1 per cent", yet he proclaims, "I identify with the 99 per cent."
The "1 per cent" in America includes many people like Mr. Brant who give money to elite liberal causes, not conservative ones, and still think they somehow are in sync with "the 99 per cent" of society. There is no sense of irony when Mr. Brant lets it be known that he wants to give back to society, and has decided to do so by cultivating the most refined artistic tastes and accumulating the most avant garde painters and sculptors.
"I'm putting my consciousness towards trying to teach people through pictures and sculptures that here's something better in the world," he declares.
"That's what the world needs more of. To understand Occupy Wall Street, you have to understand artists. Art is freedom--freedom of expression--and its message has resonated through society for centuries."