Love that term "elite overproduction". Never heard it before, but it makes sense to me. It definitely seems to describe a trend we see in this country. The political class, including lobbyists, consultants, pollsters and assorted hangers on, is so bloated it can only be fed by diverting resources through corruption and stagnation in the political process. This is something libertarians tend to warn about, while getting dismissed by partisans from both sides who only see it as a problem in any way when the other team is in power.
Comments
Love that term "elite overproduction". Never heard it before, but it makes sense to me. It definitely seems to describe a trend we see in this country. The political class, including lobbyists, consultants, pollsters and assorted hangers on, is so bloated it can only be fed by diverting resources through corruption and stagnation in the political process. This is something libertarians tend to warn about, while getting dismissed by partisans from both sides who only see it as a problem in any way when the other team is in power.
It's not just libertarians, people from both the right and the left are equally concerned about it [1]. The problem is more systemic than partisan.
[1]: https://news.ycombinator.com/item?id=5507814