This story is decidedly anecdata, even personal, but I think it's illustrative of what's going on in certain fields. - Had a friend who has multiple graduate level degrees in architecture related sub-specialties e.g. architecture criticism etc - HN being what it is, I will mention that the pay for most of the jobs you would get with the above is zero or near zero. - There is also a dramatic oversupply of candidates f…
That's a thought. But it smells, unsurprisingly, as petit-bourgeoise thought, where "money" is the end all be all of social striving. So another thought is that a certain class insists that it is the rightful keeper (a whiff of the divine right of kings here btw) of cultural lights and direction of "civilization". And naturally, these cultural shepherds are nurtured generationally in institutions that were created by their forebears. MoMA for example, is a Rockefeller institution.
Anyway, food for "thought".