America doesn't really have a working class
For me, a telling anecdote that first clued me into this hypothesis was when I debated Jacobin writer Meagan Day in 2018. When I pointed out that very few Americans are financially destitute, she responded that “it’s not just destitution, it’s disappointment”, and proceeded to describe her own frustration with the two unpaid internships she went... See more
Noah Smith • The Elite Overproduction Hypothesis
Support for unions among college graduates sits at 70%. The professional managerial class - supposedly individualistic, supposedly above such concerns - is converging with the working class on populist economic views. Tax the rich. Regulate big business. Protect workers from being replaced by algorithms or outsourced to cheaper labor markets.