Harvard students have an image to protect. That image is that they go to Harvard and they are willing to bend their morals to maintain that image. The dean also lied about her academic qualification to get her job at the one of the most Prestigist School in America. They comprise their inner selves to receive societal value. Societal value to these Harvard students is important because they themselves are part of society and will contribute to society as a whole. The students will have high paying jobs and there for they will spend more money which will help the economy. The value would have a huge impact on their day to day decision, as well as their day to day relationships. By receiving societal value they gain economic power and grant status, and that status puts them into a certain place within the capitalist economy. Our economy is a capitalist economy because the more economic power that is created, the higher amount of social value obtained.
The author is saying that to be successful you must go to a good school and get an education. But there are people in the world that dropped out of college and are more economically successful than 99% of Harvard students. Take Steve Jobs, Bill Gates, Abraham Lincoln, and Michael Jordan for example. They are some of the most celebrated icons in the world. They have all failed to get where they are today. Steve Jobs was kicked out of his own company. Bill Gates was offered to work on the start-up of the internet but declined, which in my opinion is a huge failure. Michael Jordan was cut from his high school basketball team. Abraham Lincoln lost his job after being defeated for state legislature. So all these people have failed and