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How Higher Education Created a Downwardly Mobile Elite

Jared Gold:

But Nate Silver’s recent essay, “The DSA Sweet Spot: Highly Educated, Downwardly Mobile,” brings renewed attention to Turchin’s warning about college graduate overproduction, or elite overproduction: the idea that societies become unstable when they produce more highly credentialed elites than there are elite positions for them to occupy.

Silver finds that the most reliably Democratic voting bloc in America consists of voters with postgraduate degrees earning between $30,000 and $60,000 a year. He notes that this is “very much also the sweet spot for the DSA” (Democratic Socialists of America).

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