Potential for social unrest from "summary" of The New Class Conflict by Joel Kotkin
The potential for social unrest lies in the growing divide between the entrenched elites and the struggling middle and working classes. This gap has widened due to the concentration of wealth and power in the hands of a few, while the majority of people see their economic prospects diminishing. The new class structure, characterized by a technocratic elite and a precariat class, has created a sense of alienation and frustration among those who feel left behind. The technocratic elite, consisting of professionals, financiers, and technologists, have amassed wealth and influence through their expertise and connections. They control the levers of power in government, business, and academia, shaping the policies and decisions that affect the rest of society. On the other hand, the precariat class, made up of contingent workers, service industry employees, and gig economy workers, struggle to make ends meet in an economy that offers little stability or security. The disconnect between the elite and the precariat has led to a sense of resentment and disillusionment among the working and middle classe...Similar Posts
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