We have ended up with more and more mathematicians in the physics departments. Don’t get me wrong, there is nothing wrong with mathematics—it’s the language we use to express the precise relations of physical law. But there is an increasing tendency to mistake the language for the physics itself. Once we lose the conceptual foundations, the whole thing becomes a shell game.
In 1969 the median salary for a male worker was $35,567 (in 2012 dollars). Today it is $33,904. So for 44 years, while wages for the top 10 percent have continued to climb, most Americans have been caught in a ”Great Stagnation,” bringing into question the whole purpose of the American capitalist economy. The notion that what benefited the establishment would benefit everyone, had been thoroughly discredited.