The Elite Overproduction Hypothesis
19th October 2022
But looking back at that big bump of humanities majors in the 2000s and early 2010s (the raw numbers are here), and thinking about the social unrest America has experienced over the last 8 years, makes me think about Peter Turchin’s theory of elite overproduction. Basically, the idea here is that America produced a lot of highly educated people with great expectations for their place in American society, but that our economic and social system was unable to accommodate many of these expectations, causing them to turn to leftist politics and other disruptive actions out of frustration and disappointment.