Part of a series exploring the systems and ideas that shape modern society. Somewhere in the last few decades, a quiet deal was struck. Employers would use degrees as a proxy for capability. Universities would supply them. Governments would subsidise access. And individuals would spend years - and in many
Part of a series exploring the systems and ideas that shape modern society. Financial markets are systems through which capital is allocated across time. In practice, they let individuals and institutions buy and sell claims on future value - shares in companies, government bonds, derivatives tied to prices, and other
Part of a series exploring the systems and ideas that shape modern society. Every year, millions of people encounter bureaucracy in the same sort of way: filling in a form that asks for information they've already provided, waiting for an approval that depends on a rule they can&
Part of a series exploring the systems and ideas that shape modern society. In 1974, the United States Supreme Court ruled against President Nixon's claim that executive privilege protected his administration's tape recordings from a criminal subpoena. Nixon complied. He resigned shortly afterwards. No soldiers were
Domain - Information Systems
Part of a series exploring the systems and ideas that shape modern society. Journalism is the system through which information about public events is gathered, checked, and shared with a broad audience. In practice, reporters collect information, editors weigh and verify it, and institutions publish accounts intended to inform the
Domain - Economic Systems
Part of a series exploring the systems and ideas that shape modern society. A salary that once covered rent, groceries, and fuel gradually goes less far. Prices creep upward, and the purchasing power of money shrinks. Economists call this process inflation - a sustained rise in the general level of
System - Authority
Part of a series exploring the systems and ideas that shape modern society. Most of the time, authority operates quietly. A judge enters a courtroom and everyone stands. An air-traffic controller instructs a pilot to hold position and the aircraft waits on the runway. A traffic light turns red and
Domain - Social Structures
Part of a series exploring the systems and ideas that shape modern society. Social mobility refers to the ability of individuals or families to move between socioeconomic positions over time. In practical terms, it asks whether a person’s income, occupation, or social status is largely determined by birth, or
Domain - Social Structures
Part of a series exploring the systems and ideas that shape modern society. In basic terms, meritocracy is the idea that social and economic rewards should be distributed according to ability and effort rather than birth or inherited status. In a meritocratic system, advancement is justified by performance. Educational achievement,
Domain - Economic Systems
Part of a series exploring the systems and ideas that shape modern society. Capitalism is an economic system in which most businesses and productive resources are privately owned, and economic decisions are largely shaped by markets. In practice, this means individuals and firms invest capital (money, equipment, property, or other
Domain - Political Systems
Part of a series exploring the systems and ideas that shape modern society. Democracy is a system in which political authority ultimately rests with the people. In practice, this means governments are chosen through elections, leaders can be removed without violence, and laws constrain those who govern. That is the