I could keep coming up with examples, both current and historical, because this is a general phenomenon. Anytime there is a large payoff for a small number of slots, along with an inability to instantly measure top performers, a filtering heirarchy is naturally constructed. Military officers (94% of commissioned officers do not retire with the military http://www.skyhinews.com/news/hamilton-military-retirement-8...), tech start-ups (duh), organized crime, trade guilds, investment banking etc., etc.
You can think such fields are a bad bet for newcomers, should be regulated, and so on, but it doesn't make sense to say that they are "in crisis". They can last for arbitrarily long times, and generally produce what they are expected to produce!
There's also little reason to think that academics and law aren't just as much determined by genetics as musics, sports, and acting.
You can think such fields are a bad bet for newcomers, should be regulated, and so on, but it doesn't make sense to say that they are "in crisis". They can last for arbitrarily long times, and generally produce what they are expected to produce!
There's also little reason to think that academics and law aren't just as much determined by genetics as musics, sports, and acting.