Political implications of class conflict from "summary" of The New Class Conflict by Joel Kotkin
The clash between the established upper class and the rising new elite has far-reaching consequences on the political landscape. The new class conflict is not just about economic disparities, but also about power and influence. This battle between the entrenched oligarchy and the emergent meritocracy has significant implications for governance and policy-making. The traditional elites, often rooted in old money and familial connections, seek to maintain their hold on political institutions and decision-making processes. They use their wealth and influence to shape policies that benefit their interests, often at the expense of the broader society. On the other hand, the new elite, comprised of tech moguls, financiers, and knowledge workers, are challenging the status quo and pushing for more merit-based systems. This struggle for power and influence plays out in various arenas, from lobbying and campaign contributions to media ownership and cultural narratives. The traditional ...
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