Tag

Elite Overproduction

All articles tagged with #elite overproduction

business5 months ago

Delta's Lounge Woes and the Upper Middle Class's Elite Overproduction Dilemma

Delta Air Lines is expanding and upgrading its premium lounges amidst overcrowding issues, which reflect a broader societal trend of elite overproduction where the proliferation of affluent individuals dilutes the exclusivity of luxury symbols like airport lounges, leading to dissatisfaction among the upper middle class. Despite efforts to improve the experience, the democratization of luxury has made these spaces less exclusive, highlighting societal tensions around status and success.

politics1 year ago

Trump's Rising Influence: A Shift in US Political Dynamics

The article explores the deep historical forces behind Donald Trump's 2024 election victory, emphasizing the cyclical nature of political integration and disintegration. It highlights three key factors: popular immiseration, elite overproduction, and state breakdown, drawing parallels with historical events like the Roman Empire's fall and the Russian Revolution. The piece argues that the US is experiencing a Second Gilded Age, with rising inequality and elite competition leading to political dysfunction. The Republican Party, under Trump, has transformed into a revolutionary force, while the Democrats have become the party of the ruling class. The future hinges on whether the US can rebalance its social system or face further unrest.