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This is a really interesting point, especially as we watch the return of Barack Obama's Ineptocracy under Joe Biden. Obama and his people were highly credentialed nincompoops who brought us one insanely expensive disaster after another. https://twitter.com/xctlot/status/1354647503635968007
Here's another example from yesterday: no, Janet Yellen isn't going to recuse herself from the GameStop thing just because she was lavishly paid off by Robinhood's owner. She's an "expert." Who are YOU to question her integrity? https://twitter.com/IsicaLynn/status/1354894529208348673
The obsession with credentials is one of the biggest problems we face, combined with the centralization of power, corruption, elite arrogance, and the Western world's embrace of authoritarianism. Bubbled elites are claiming more power over our lives and demanding less resistance.
The loss of faith in institutions during the Obama years was an entirely rational response by the public. Obama's tenure PROVED the preening elites with extensive credentials and claims of absolute moral authority were A) corrupt as hell and B) didn't know what they were doing.
Credentialism is a great way for elites to make themselves more insulated and tighten their grip on power. Those who control the distribution of impressive credentials control policy even when they're not in office. Everyone "qualified" shares the same dismal ideology.
Of course it leads to immense corruption, as we're seeing with the GameStop stock saga. The inner circle rewards itself and uses all means necessary to keep deplorable outsiders at bay. They design systems that only "work" if the ruling class gets special privileges.
For another example, look at climate change ideology peddled by people with lavish homes and private jets. They would inflict a system upon us that makes YOUR life worse, not THEIRS. It only "works" if the Important People get to have huge carbon footprints.
The really dangerous thing about this obsession with credentials, the reason Obama was (and Biden will be) one idiotic trillion-dollar pratfall after another, is that the elites think reality should be made to conform with policy, not the reverse.
Stock-market short-squeeze games are just the financial manifestation of that mindset. REAL power means forcing the universe to conform to ideology. We shall decree there are more than two sexes. We shall repeal the laws of supply and demand. All that is good must be "free."
The truth is that the distributed intelligence of the public, expressed through their pursuit of opportunity for profit, is VASTLY superior to the ideological obsessions of a tiny gang of highly-credentialed central planners. The Redditors are proving it again.
The elite control us by lying to us, hiding essential information, demanding that we be humble and reverent toward THEM rather than the real world and its timeless truths. They give us an illusion of choice while sweeping choices they don't like off the table.
But look at how fragile all their works are - from the powerful and politically connected stock market players to insane Big Government schemes. All we need is a little knowledge, and a little will to misbehave, and everything the "experts" create comes crashing down. /end
