Reminds me of how revolutionaries think they’re really sticking it to the elites when they protest against free markets. But elites hate free markets, they try to insulate themselves from them as much as possible. Why would you want competition from up and coming new elites? That’s why elites fund the useful idiots who think they are revolutionaries.
There’s also a weird thing where newly minted elites don’t think of themselves as elites and so don’t engage with the possibility of moving major equilibria even though they are potentially large enough to do so, and doing so can be much more powerful than tuning efficiencies in existing equilibria. Probably fears related to consequentialist cluelessness as well.
Reminds me of how revolutionaries think they’re really sticking it to the elites when they protest against free markets. But elites hate free markets, they try to insulate themselves from them as much as possible. Why would you want competition from up and coming new elites? That’s why elites fund the useful idiots who think they are revolutionaries.
There’s also a weird thing where newly minted elites don’t think of themselves as elites and so don’t engage with the possibility of moving major equilibria even though they are potentially large enough to do so, and doing so can be much more powerful than tuning efficiencies in existing equilibria. Probably fears related to consequentialist cluelessness as well.