Back in Early Modern England, enclosure led to a massive over-supply of labor. The urge to explore and colonize was driven, to an unknowable but certainly large extent, by the effort to find something for all those excess people to DO. The fact that they’d take on the brutal terms of indenture in the New World tells you all you need to know about how bad that labor over-supply made life back home. The same with “industrial innovation”. The first Industrial Revolution never lacked for workers, and indeed, Marxism appealed back in its day because the so-called “Iron Law of Wages” seemed to apply — given that there were always more workers than jobs …
The great thing about industrial work, though, is that you don’t have to be particularly bright to do it. There’s always going to be a fraction of the population that fails the IQ test, no matter how low you set the bar, but in the early Industrial Revolution that bar was pretty low indeed. So much so, in fact, that pretty soon places like America were experiencing drastic labor shortages, and there’s your history of 19th century immigration. The problem, though, isn’t the low IQ guys. It’s the high-IQ guys whose high IQs don’t line up with remunerative skills.
My academic colleagues were a great example, which is why they were all Marxists. I make fun of their stupidity all the time, but the truth is, they’re most of them bright enough, IQ-wise. Not geniuses by any means, but let’s say 120 IQ on average. Alas, as we all know, 120-with-verbal-dexterity is a very different thing from 120-and-good-with-a-slide-rule. Academics are the former, and any society that wants to remain stable HAS to find something for those people to do. Trust me on this: You do not want to be the obviously smartest guy in the room when everyone else in the room is, say, a plumber. This is no knock on plumbers, who by and large are cool guys, but it IS a knock on the high-IQ guy’s ego. Yeah, maybe I can write you a mean sonnet, or a nifty essay on the problems of labor over-supply in 16th century England, but those guys build stuff. And they get paid.
Those guys — the non-STEM smart guys — used to go into academia, and that used to be enough. Alas, soon enough we had an oversupply of them, too, which is why academia soon became the academic-industrial complex. 90% of what goes on at a modern university is just make-work. It’s either bullshit nobody needs, like “education” majors, or it’s basically just degrees in “activism”. It’s like Say’s Law for retards — supply creates its own demand, in this case subsidized by a trillion-dollar student loan industry. Better, much better, that it should all be plowed under, and the fields salted.
Any society digging itself out of the rubble of the future should always remember: No overproduction of elites!
Severian, “The Academic-Industrial Complex”, Rotten Chestnuts, 2021-05-30.
November 26, 2023
QotD: From Industrial Revolution labour surplus to modern era academic surplus
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