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Conversely, I can make an argument that a situation where we focus on benefiting elite students ends up creating a society with an empty middle class, which mea
by Karrot_Kream 5y ago
Conversely, I can make an argument that a situation where we focus on benefiting elite students ends up creating a society with an empty middle class, which means there's no large base of moneyed consumers to buy innovations and products that elites create. This could result in innovation stagnating as an underclass of cheap labor is able to compensate for the labor-saving efficiency that technology brings. Then there's the social argument that states should be created for the benefit of the governed.
There's a greater debate here about the gini coefficient and its effect on the economy and society, but I don't have an answer to this.