Tag: Elite Overproduction
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Startup Inflation
Startup inflation is just the credential inflation of the capitalist hustle culture. If everyone has a degree, it’s worthless. If everyone has a startup, that’s worthless too. We’ve gone from “what school did you go to?” to “what’s your pitch deck?” and the answer is often the same level of vapid. The whole system is…
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You Tell Me it’s the Institution
The vulnerability of institutions arises from the inelastic supply of jobs in society. There are always more aspirants than jobs to occupy, which creates intense competition for available positions. This competition can lead to the rise of rival power networks, which subvert the rules to get ahead, having a nonlinear effect on social function. This…