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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: albaby1 🐝 HONORARY
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Number: of 15055 
Subject: Re: WHERE did Dem voters go?
Date: 11/08/2024 1:24 PM
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It resonates with me as well, although I'm more inclined to describe it not as an "information" class but the "moneyed" class.

I can relate to that position. But I think it's wrong. It might be one of the biggest errors that Democrats make. They think of it as an issue of wealth, rather than station.

That's wrong. For the last several decades, we've been shifting the economy to favor people with degrees in the "information" class over people who don't. Whether they're "moneyed" or not. Associate professors and accountants and journalists and architects and the like aren't necessarily going to be rich. But those people are well positioned to handle a "placeless" economy that rewards people moving pixels rather than physical objects, in a way that other folks are not.

So when you tot up the winners and losers of policies like fighting climate change, freer movement of international trade, increased role of technocrats in shaping policy, and more liberalized immigration flows....the folks that don't have college degrees are going to be disproportionately on the losing side.
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