Those who find solace in the wisdom of the people—which is a sad, depressing thing—find us even sadder.
You’re going with the worst possible meaning/argument? But you’re supposed to be a philosopher? Yes, you are even sadder.
Not the wisdom of the people of Christendom/the state… but that of indigenous people. Existentialism’s absurd usually comes from the former, because yeah, the wisdom of the people has been drained out of those spaces and replaced with a top-down “wisdom” or a bottom-up “wisdom” of people used to top-down thinking and lacking the social structures of a healthy society (pre-agricultural, non-hierarchical social structures).

