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> I argue it's likely also a matter that there potentially isn't enough high value work for the overproduction that has occurred. What jobs would you create for
by eli_gottlieb 23d ago
> I argue it's likely also a matter that there potentially isn't enough high value work for the overproduction that has occurred. What jobs would you create for the millions in some cases, tens of millions in other cases, college graduates who are not employed or are underemployed currently?
Well that doesn't seem like a problem of "elite overproduction". Elite overproduction proposes that there exists a specific glut of extractive elites, rather than a general glut of productive labor. This sounds more like a general glut of labor, because vast masses of people aren't being absorbed into other, more productive non-elite jobs that ought, under such a hypothesis, to exist.