There is no more fateful failure of modern political thought than its failure to distinguish between elitism and social exclusivity. From this failure stems an enormous, costly, and increasingly intolerant attempt to rectify what is not wrong in the first place. One fights chimeras the better to avoid confrontation with real enemies.
Tyler Cowen’s Average is Over could also be called The End of the Middle-Class Nation. Its subtitle is “Powering America Beyond the Age of Great Stagnation.” The imperatives of power or productivity will make America more unequal and more divided into the two classes of the “hyper-productive” and minimally productive. For the libertarian economist, the movement into a new age of a more perfect meritocracy based on productivity serves not only prosperity but justice. As the first bourgeois philosopher Hobbes told us, there’s no standard higher than the generation of power by which to rank human beings. The productivity of a person is his value.