The accumulation of wealth by experts, combined with the decreasing efficiency of technocracy, is creating this third institutional crisis. But because it’s early in the crisis, those who in some way recognize it are still impotent to change it. President Trump came into office promising to “drain the swamp,” a metaphor for attacking technocracy, but he had neither the clarity as to how to proceed nor the political base from which to do it. The country was still divided down the middle, with the technocrats successfully defending their institutions.
