At its core our last 50 years is the story of two Elites:
A) A Sustainable Elite.
B) An Extractive Elite.
and over that 1/2 century, the story was how B drove A out of our institutions newly unable to keep growing at the dizzying post-war rate to which they had wed themselves.
Our incompetence is coda: the extractive elite trying to come to grips with a virus that can’t be beaten by signing pieces of paper in Manhattan, lobbying in Wash DC, or issuing sober consensus statements out of Cambridge.
It took an organized effort we couldn’t muster anymore.
Originally tweeted by Eric Weinstein (@EricRWeinstein) on May 24, 2020.