We are watching the old TV show "Gilmore Girls". It's a chick show. The characters are supposed to be quirky, unique, and lovable but to me they're almost all awful
The main characters of the show are mother and daughter. The mother character got pregnant in high school and had the daughter at 16, so when the girl character is supposed to be high school age, the mother is supposed to be in her 30s.
The mother's family is wealthy New England snobs that had high expectations for the mother who lived a bohemian independent life, but transferred her own life expectations to the daughter. The high school aged daughter is obsessed with going to Harvard, and if not Harvard some other ivy league school. As part of her quest to do that she enrolls in an elite private high school, which is one of the central story lines in the show.
Anyway, the concept of "Elite Overproduction" from the historian Peter Turchin is depicted well in the show. The daughter is questing after an elite job, like a CNN reporter. The children of the wealthy families follow a script to get into a position in life, but eventually the positions run out or get diluted. CNN reporter is a great example: the entire media industry restructured, so all the kids pursuing an elite journalism role in the early 2000s were chasing after a largely obsolete job in a declining industry.
I think elite overproduction is really a symptom of systemic stagnation and decline. The "elite" population expands just like the overall population, but the defining characteristic of the elites is hyper-consumption of resources. They collectively impose a parasitic burden on everyone else. That's probably the main theme of our era: a bunch of entitled people get paid a lot, and the system is rigged to support their lifestyles.
For example, there's more managers and administrators than ever before in places like colleges and hospitals for example and the cost to fuel the lifestyles of those administrators drove rapidly inflating costs in both industries. There's probably more managers per capita in every industry, including tech. I saw that throughout my career.
The current dream of elite twats is a centrally planned expert managed economy that's totally automated so there's no jobs for anyone but them, and there's not even any competition for their positions. There's a corresponding authoritarian bent to their schemes, like the whole COVID scam, which demonstrated how fraudulent their claims of expertise are.
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