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Kevin's avatar

You’re bout 1000% better at punditry than Yglesias. And especially because you’ve actually built things in the real world.

Eli Smith's avatar

Yglesias and Jerusalem Demsas touched on this in one of their podcasts called "Does the oligarchy exist?" where they essentially argued much of the "oligarchy" is upper middle class professionals & professional organizations. It's the dentists who don't want competition from new dentists, so they make it prohibitively difficult and expensive to become a dentist. Not sure that I'd define that as "oligarchy," but it is certainly an ongoing problem in every industry. Your perspective is from a highly educated college town -- but I suspect the same NIMBY trend holds true for upper middle class non-academics across the country

https://www.theargumentmag.com/p/does-the-oligarchy-exist

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