Watching the stock market the last few days has brought to light a glaring issue with the way our society works. This issue has always existed but never received the broad attention it deserves (especially recently) and it has to do with the fundamental erosion of meritocracy in the USA.

The people working at these hedge funds aren't necessarily smarter than anyone else. They simply got into an elite school through family, connections, money, favors, etc. and then volleyed that "education" to get a job at one of these wall street firms who only hire from a select number of schools. ITS A CLOSED SYSTEM. In order to be accepted to these schools you have to have a connection or be someone who fits their "diversity" standards and can receive a scholarship, otherwise its too expensive for us "normal folk". The people who get in based on their "diversity" standards but don't necessarily have the intellect to be there and compete, fall to the wayside but the school gets to virtue signal about the "diversity". This in turn lowers the competition among the student population making it easier for the smarter students to succeed without having to try nearly as hard. THIS POLICY HURTS OUR BEST AND BRIGHTEST. The university also just issues them A's to inflate GPA's, so that students get high paying wall street jobs so they can eventually donate back to the institution when they get wealthy (they literally do this). In turn we all lose because some of our best minds aren't being challenged at these institutions and a lot of the time don't go on to do meaningful work. On top of that, students who got rejected (due to no fault of their own) don't get access the networks and capital that these institutions provide and may never realize their full potential because of it.

How does this relate to the current situation? Well, because most of the students at these schools get in due to something other than their intellect, also adding in the fact that they aren't truly getting the best students because of diversity quotas, the people being hired at these firms just aren't that smart (the same goes for media). The façade of the superiority of those that inhabit our institutions is crumbling and they know it. Which makes it funny when they proclaim that the retail investor isn't smart enough to understand the complexity of the market.

GME has just proven that the elite of our society have created their own downfall by eliminating meritocracy and bowing to the diversity gods and their own greed. By pushing the system into its current state they let some of the brightest minds among the population out into the wild and onto platforms (outside of their control) where we are now congregating, teaching, and learning. They did this to concentrate the wealth among themselves, control its movement to those they've deemed worthy, and in the process made themselves dumber. Well times up. People left outside of their golden gates are starting to realize their true power and it is scaring the crap out of the establishment elites. I know that collectivism is typically a leftist thing but we would do well to embrace it and wield it. True and meaningful change won't come from those currently in power, it will come from the everyday man and woman putting their foot down. GME TO THE MOON.