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Following a remarkable epoch of greater dispersion of wealth and opportunity, we are inexorably returning towards a more feudal era marked by greater concentration of wealth and property, reduced upward mobility, demographic stagnation, and increased dogmatism. If the last seventy years saw a massive expansion of the middle class, not only in America but in much of the developed world, today that class is declining and a new, more hierarchical society is emerging. The new class structure resembles that of Medieval times. At the apex of the new order are two classes -- a reborn clerical elite, the clerisy, which dominates the upper part of the professional ranks, universities, media and culture, and a new aristocracy led by tech oligarchs with unprecedented wealth and growing control of information.



About the Author

Joel Kotkin

Joel Kotkin is the Roger Hobbs Distinguished Fellow in Urban Studies at Chapman University in Orange, California, and the Executive Editor of the widely read website NewGeography.com. He is the author, most recently, of The New Class Conflict, as well as The Next Hundred Million: America in 2050, The City: A Global History, and The New Geography: How the Digital Revolution Is Reshaping the American Landscape. An internationally recognized authority on global economic, political, social, and technological trends, Kotkin is a regular contributor to The Daily Beast and Forbes.com, and he writes a weekly column for the Orange County Reigster, where he serves on the editorial board. His writing has appeared in the Wall Street Journal, the New York Times, the Washington Post, the Washington Examiner, City Journal, Politico, the New York Daily News, and Newsweek.



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