Comment by alabastervlog
2 days ago
It's a relatively recent change, too. Transition from "the executives and managers mostly came up through 10-25 years of doing 'lower' jobs in the company, and very much know how the business actually works" to "we hire MBAs to those roles directly" was throughout the '70s-'90s.
Finance and business grads have really taken over the economy, not just through technocratic "here's how to do stuff" advice but by personally taking all the reigns of power. They're even hard at work taking over medicine and pushing doctors out of the work-social upper-middle-class. Already did it with professors. Lawyers seem safe, so far.
They're taking over veterinary clinics too! The biggest owner of veterinary clinics is Mars inc. the candy company!
I wonder if Matt Levine has a bit about this
> Lawyers seem safe, so far.
Nope, lawyers are fucked too. It's just not as advanced yet: https://www.abajournal.com/web/article/arizona-approves-alte...