United Discontent

Comment on the Elites

“One sense I’m getting here is that the American elite, along
with Europe’s, China’s and just about everyone but Russia’s his
suffering from three problems: First, none are really aware of
the political pressures on other elites. Second, they
completely misunderstand the alienation of the publics, three,
except for Volcker, they think this can be handled by the elites
among themselves. We have a crisis of the elites, in my view. “

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