Blame Rich, Overeducated Elites as Society Frays

A large class of disgruntled wannabes, often educated and highly capable, feel shut out.

A glut of ambition.

Photographer: Robert Spencer/Getty Images
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This article was first published in Bloomberg View on Nov. 20, 2013.

Complex human societies, including our own, are fragile. They are held together by an invisible web of mutual trust and social cooperation. This web can fray easily, resulting in a wave of political instability, internal conflict and, sometimes, outright social collapse.