What is ‘elite overproduction’?
When I was living in New Zealand twenty years ago, I often took the bus to get places. One day I struck up a conversation with the bus driver.Turns out he had a doctorate and was a published researcher in his native country. However, when he moved to New Zealand, he found no work in his field. Part of this could be attributed to academia's perpetual lack of job openings, but I always wondered how much the locals' perception of this individual - as a non-white foreigner - and his attendant social status played into it.Society seems to still have a severe problem with using talent effectively - whether that's elite experience or unskilled labor.