The present system serves the credentialed elite in the large private, public, and nonprofit bureaucracies of the managerial elite quite well. In contrast, the members of the professional bourgeoisie and the small business bourgeoisie live in terror of proletarianization. Many professionals fear they will not be able to secure high-status jobs with their educational credentials, and the small proprietors fear they will lose their businesses and be compelled to work for others.
Lind sees a class war between the credentialed professionals and small business owners, with the managerial elite positioned more securely. Now, let us think about the virus situation. Many (but not all) of the credentialed professionals are able to telework. Note that many small businesses are vulnerable. Note that the managerial elite are almost all able to telework.
The managerial elite, who were already ahead, are winning during the virus crisis. You can see that in the fortunes of the S&P 4. The small business owners are losing heavily. The credentialed professionals fall somewhere in the middle. But you can see who has an interest in maximizing fears of the virus and who has an interest in minimizing those fears.
Turning to the George Floyd protests, Lind writes,
I am not the first to observe that what were initially legitimate protests against the use of excess force and racism by particular police departments have turned into a campaign for greater funding for social-services jobs and diversity officer jobs for members of the professional bourgeoisie
Lind’s point is that, not so coincidentally, economic interest tends to align with political tribalism on these issues.