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Elite Overproduction Breeds Instability
Elite overproduction refers to the societal condition where the number of potential elite members exceeds the power structure's capacity to absorb them. This disparity leads to social instability as those excluded from power harbor feelings of resentment due to their low status. The phenomenon is observed in discontented individuals, such as frustrated graduate students and PhD holders, who feel misaligned with the job market, exacerbating their grievances. The idea underscores the emergence of a class of people—termed bourgeois—that are educated yet economically underutilized, creating a sense of superiority without corresponding opportunities. This situation fosters environments where social grievances can proliferate, often giving rise to ideologies like wokeness. Rather than merely focusing on elite overproduction, it is crucial to examine bourgeois overproduction, which produces what are characterized as false elites. This trend results from an oversaturation of college education, leading to a disconnect between educational attainment and market demands, ultimately cultivating a society struggling under the weight of false elite status.