"privileged and downwardly mobile" and "the elite with no savings" are both phrases I've heard very recently and basically are saying the same thing: elite overproduction
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Replying to @similaralterity
tfw you massively broaden access to universities, but not access to secure careers
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Replying to @choosy_mom
idk how valid the idea of a secure career even is anymore
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Replying to @similaralterity
yeah if you expect to still be working in like 10+ years, it’s probably more accurate to say they don’t really exist anymore
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Replying to @choosy_mom
I think it bifurcates into something like the portfolio'd (ie businessmen/SWEs) vs the hyperskilled (eg surgeons)
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Replying to @similaralterity
the portfolios are also dependent on stable market conditions (options can tank/a ton of bankers got laid off in ‘09) the only safe-ish options left are hyperskilled professions w/strictly controlled credential moats (bar exams, med school, CPA, etc.)
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income outcomepic.twitter.com/bkajZBL9iG
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