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Trumps, Waltons, DeVos' get a pass because they are conservative elites, but they are also *counter-liberal* elites. You get to be an oligarch so long as you shit on the people who are one rung above the working class, because that's the class of people the non-college working class sees when they look immediately up on the economic ladder. The working class doesn't see billionaires when they look one rung up at who is shitting on them, they see post-college couples with higher household net incomes than they have. Matthew Stewart probably explains this hatred dynamic of the post-college scribe class (the top 9.9% who are below the top 0.1%) better than me. This NYT article from a year ago covers his thesis, but the book is 100% worth the read/listen:

https://www.nytimes.com/2021/11/18/books/review/the-99-percent-matthew-stewart.html

Basically, the post-college scribe class self-segregated via class, culture, and geography--leaving many non-college people in the dust (not just economically, but culturally and politically too). Not only did they do this, but they poisoned the "meritocracy" with the wealth they have, which made it harder for the children of the working class to get where the children of the post-college scribe class were going to be. College tuition rates went up because the post-college scribe class could afford them while the working class could not--inducing higher levels of debt for the working class via the inflation of tuition that wealthier families were causing, which made the "meritocracy" of who gets into college onto the better jobs really more about what kind of parents you had, how much money they made, what neighborhood you grew up in, and what that school system--including private ones--looked like. That's the dynamic that drives who gets into college, gets to marry a higher-income partner via social capital networks established in college, and who gets to get a better-paying job that usually comes out of getting the right kind of degree while holding the least amount of college debt (a function of parental wealth). And the post-college scribe class still wonders aloud how it came to be that the working class grew to despise them. Trump and his family get a pass on elitism because they're the oligarchs who are beating the shit out of the post-college scribe class rather than blessing them up.

Nov 3, 2022
at
6:51 PM

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