Brief note to one poster upthread: one reason that more people are attending college today than a generation ago is that hiring standards have escalated (the traditional arms race problem) so that a “college degree” is now required for even low-level management jobs. That college degree, so-called, may be in “management” or “marketing” or “small business,” by the way, and have nothing to do with what we used to call a liberal arts education. In other words, colleges have been turned into trade schools and attendance has become almost compulsory for white-collar jobs.
To another poster upthread: why are E Warren’s ideas not getting traction? Well, one teeny little factor might be her gender. Ya know? The other might be because she’s actively threatening the interest of the 1 percenters who have had everything — I mean everything — their own way for almost a generation now. And most of the media are owned by, guess who… 1 percenters. And the entire Senate, with maybe 1 or 2 exceptions, is populated by… 1 percenters or their fan club. Consolidation of wealth has created a capture of US media and political process unprecedented since the 20’s. Actually the media capture may be just unprecedented, period, because even in the grimmest days of the “gilded age” there were more independent newspapers, including labour/socialist newspapers, than there are today. Many newspapers used to have a Labour section as well as a Business section, but few now recall those days.