bloomberg.com/opinion/articl…
Today's post is more general.
And he thinks that one of the big causes is "elite overproduction" -- society produces a lot of people who expect top spots, but who can't all get top spots.
peterturchin.com/cliodynamica/i…
economics.mit.edu/files/12544
Across every field of endeavor and ambition in the U.S., we've increased the number of strivers and shrunk the window for success.
We can't just create infinite top spots. Infinite megabillionaires, infinite prestigious professorships, infinite legislators, etc.
Instead, we have to manage expectations, and moderate the cutthroat competition.
That way, there will be fewer wealthy heirs who expect a spot in the nation's elite as their birthright.
nytimes.com/2020/06/24/opi…
bloomberg.com/opinion/articl…
mereorthodoxy.com/congressional-…
Elites are the people with the most time and resources to overthrow society. Piss them off at your peril.
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bloomberg.com/opinion/articl…