There's another side of that.
Canada is I think number two on the planet for number of people with higher education. South Korea is by far #1.
And you might predict that these two countries are great places to live, and there's no real problems in either one. Look at all the educated people!
Koreans call their country "Hell Joseon" because you have to do so much just to get a basic living. The daily grind to survive is so bad, for every 100 South Koreans we are looking at having four great grandkids.
Canadians aren't much better off. Despite having the second largest land mass of any country on earth, cost of living is in the stratosphere and the only reason the population is growing is all the people the country is importing -- but even people from developing nations are starting to pack up and turn around because of the hellish conditions in the country, including cases where dozens of immigrants are sharing a single basement.
The overproduction of people in an elite class is one of the major factors in Peter Turchin's models that predict major negative world events.
Now you might legitimately say "well yeah, just imagine how bad things would be in those countries if we didn't produce all these elites!", but there's a complex interplay between elite production and other parts of the economy. For example, we are at a moment in time where the production of elites is at an all-time high, and so those elites go out into the world and they advocate for and vote for policies that benefit them. Often, those same policies are things that are downright parasitic when done at scale. And most Western countries around the world, at the turn of the 20th century government accounted for about 10% of gdp. Today in most of those same countries, it's between 40 and 60%. That isn't productive labor, it's money being taken from the productive individuals and handed to this overstuffed class of elites. As a result of having so much government, the amount of resources available for productive work goes down, meaning that the amount of stuff there is to buy goes down, and meanwhile freedom gets eroded because all of these people with jobs that don't actually do anything productive are trying to justify their existence.
As someone from our Lord fuhrer Trudeau's Canada (blessed be his name, please don't shut down my bank accounts), that is exactly what has happened here.
Canada is I think number two on the planet for number of people with higher education. South Korea is by far #1.
And you might predict that these two countries are great places to live, and there's no real problems in either one. Look at all the educated people!
Koreans call their country "Hell Joseon" because you have to do so much just to get a basic living. The daily grind to survive is so bad, for every 100 South Koreans we are looking at having four great grandkids.
Canadians aren't much better off. Despite having the second largest land mass of any country on earth, cost of living is in the stratosphere and the only reason the population is growing is all the people the country is importing -- but even people from developing nations are starting to pack up and turn around because of the hellish conditions in the country, including cases where dozens of immigrants are sharing a single basement.
The overproduction of people in an elite class is one of the major factors in Peter Turchin's models that predict major negative world events.
Now you might legitimately say "well yeah, just imagine how bad things would be in those countries if we didn't produce all these elites!", but there's a complex interplay between elite production and other parts of the economy. For example, we are at a moment in time where the production of elites is at an all-time high, and so those elites go out into the world and they advocate for and vote for policies that benefit them. Often, those same policies are things that are downright parasitic when done at scale. And most Western countries around the world, at the turn of the 20th century government accounted for about 10% of gdp. Today in most of those same countries, it's between 40 and 60%. That isn't productive labor, it's money being taken from the productive individuals and handed to this overstuffed class of elites. As a result of having so much government, the amount of resources available for productive work goes down, meaning that the amount of stuff there is to buy goes down, and meanwhile freedom gets eroded because all of these people with jobs that don't actually do anything productive are trying to justify their existence.
As someone from our Lord fuhrer Trudeau's Canada (blessed be his name, please don't shut down my bank accounts), that is exactly what has happened here.
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