Tailspin

Elite overproduction and the rise of inequality.

I'd say the Trump election was reflective of this - many Americans instinctively understand - even without clear evidence - that the "meritocratic elite" get up to the top and pull all the ladders up just like all other elites before them. But what's particularly frustrating about the meritocrats is that they claim they aren't doing it, but practice all sorts of cartel-like behavior to have a stranglehold over the good jobs, etc.