In the face of these social challenges, the intellectual classes in the higher-income countries—in the universities, the media, and the arts—almost universally seek to deconstruct the values that guided their countries’ ascent and provided the foundation for widespread prosperity. Instead of concerning themselves with addressing the consequences of economic stagnation—more poverty, social immobility, class conflict—many in the clerisy and even the oligarchy promote the ideal of “sustainability” over broad-based economic growth.

