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Woke croaks: “peak woke” has passed
Economist Podcasts
Awakenings Emerge from Discontent
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Awakenings are likely to occur during periods of elite overproduction, where society generates individuals who feel entitled to higher standards of living and social status. When these individuals cannot attain the lives they expect despite following societal success norms, they often challenge the existing social order. This discontent is similar to historical contexts, such as the prosperity boom of the 1920s leading to the Great Depression, spurred by economic downturns and global crises, illustrating a recurring cycle of societal upheaval stemming from unmet expectations.
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