In 1938 humans were offered three global stories to choose from, in 1968 just two, and in 1998 a single story seemed to prevail. In 2018 we are down to zero. No wonder that the liberal elites, who dominated much of the world in recent decades, are in a state of shock and disorientation. To have one story is the most reassuring situation of all.

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Among educated Americans, however, I suspect there’s another factor at work: elite overproduction. In the 1990s and 2000s, smart young Americans were told that a college education was the ticket to a career that wasn’t just high-paying, but also deep, fulfilling, and meaningful. And even if that was true for the median college graduate, there were... See more

Peter Turchin calls the driver of today’s status pressure elite overproduction. When a society creates more elites and elite aspirants than there are elite positions, competition intensifies, instability rises, and status conflict spills into politics and culture.

The unusually prosperous boomer decades produced more elite aspirants than legacy... See more