There’s a reason for that. The path to the American elite has been well marked for decades: Perform well on standardized tests, win admission to an elite school, enter one of a handful of elite professions, settle in a handful of elite zip codes, marry a fellow elite, and reproduce. Repeat that cycle for a couple of generations and you wind up with a ruling class so insulated from the country it rules that failure goes unnoticed. A small group of people accumulates unimaginable wealth while the rest of the country becomes a desiccated husk. Yet everything seems fine.

