There is perhaps no better metric of class in America than personal power–what is known as agency: the power to influence or transform one’s circumstances in a a self-directed manner. Those with agency have power, those without agency (or very limited agency)

The self-congratulatory rah-rah about American entrepreneurism rings hollow,as the evidence is conclusive: entrepreneurship, new businesses and the source of new businesses, self-employment, are all declining. Two recent articles describe the trend: American Entrepreneurship Is Actually Vanishing. Here’s Why (Inc) American