"Frustrated and Underemployed Elites Are Uniquely Well-Positioned to Disrupt Society"

"The day after The New York Times posted Mack's op-ed, Smith re-posted a 2022 piece about Turchin's theory of elite overproduction. It noted that demand for lawyers and government employees (the bulk of whom work for state and local governments) levelled off after 2008; that employment in publishing crashed in 2001 and never recovered; and that university job postings in the humanities crashed during the 2008 financial crash and never recovered. (If there's a poster child for elite overproduction, it's the humble university adjunct.) In the 21st century the professional-managerial class has experienced a loss of economic power that's analogous to (though of course much more muted than, and conducted at a much higher level than) the working class's loss of economic power starting in the late 1970s."

Timothy Noah at The New Republic considers "the rage of what Barbara and John Ehrenreich once labelled the professional-managerial class."