...And structural-demographic theory predicts over-educated natives who DON'T get jobs end up as overqualified bums unhappy with a discordant system- requesting more benefits, creating more ideological disfunction, sewing discord.
@Peter_Turchin should be required reading.https://twitter.com/metapotat/status/1088663357316628480 …
I don't think this is right. Advanced STEM degree holders will still find a STEM job, albeit at somewhat lower wages. They're in high demand, and not really overproduced. Except perhaps in a few niches.
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Turchin's overproduced elites map better onto humanities degree holders. Lawyers, Literature scholars, etc. Growing production of these degrees, but not growing consumption.
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You're extremely wrong if you think the STEM class is not part of the crippled elite. There's an entire suppression of what Murray would refer to as a "cognitive elite" who are now finding themselves overproduced *in relation to* immigrant influx. Turchin discusses this, too.
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