Coming write-up: Chile votes to overhaul its constitution
Economist Podcasts
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Elites and Instability
This chapter examines the overproduction of elites and its effects on political stability, referencing a 2010 article predicting unrest due to excess qualified individuals vying for limited positions. It analyzes historical class struggles, the oversaturation of professional fields, and the impact of high housing prices on disillusioned youth, highlighting the potential for societal upheaval.
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