> Now that guy is probably competing with tons of people more talented willing to work for less
This strikes at the core of it. Life was simpler for those in the know about how the world worked. If you were lucky enough to grow up with the right parents, friends, family members, and class mates to help guide you through how the world worked it was easy. You could count on less competition by knowing where to look, how to present yourself, and what to say. Someone very talented but stuck in a situation where they didn't know how to find these jobs and apply properly was hard. You would lose career advancement at every step of the way relative to peers who had a social network that fed them this information.
If you're one of the people with more talent and hungry for work, life actually got simpler for you in modern times. The advantages of being well-connected and groomed by your parents for success are still there, but they're diminished when everyone can find advice on the internet.
I grew up on the cusp of this change. It's hard to communicate just how hard it was to navigate even simple things like interview prep or even dressing correctly for interviews if you weren't surrounded by people who had up to date info.
EDIT: To be clear, I was raised with a lot of advantages and had a lot of benefits. It was still striking how much of the early job search I had to fumble my way through in ways that would have been so easy to address with the unlimited online resources available today, which many of my peers had handled by their classmates or their parents' friend who had some industry familiarity. A specific example is that I didn't know that there were specific books for learning how to do programming job interviews. At first I just thought you had to learn how to be really good at programming, so I challenged myself to do a lot of tasks like I saw in the first interview I did. These days, it's unthinkable that someone would get all the way through college and into interview loops without knowing what a tech interview would be like and having the opportunity to practice.
> Life was simpler for those in the know about how the world worked. If you were lucky enough to grow up with the right parents, friends, family members, and class mates to help guide you through how the world worked it was easy.
This is called Social Capital. It is very much a class thing. Many older people recommended joining fraternal organizations (like frats or freemasons) to get these social connections.
https://en.wikipedia.org/wiki/Social_capital
Lauren Rivera wrote a number of publications about this and how it impacts hiring at upper class firms, and who gets into nightclubs.
https://scholar.google.com/citations?user=tbzjN7QAAAAJ&hl=en
I once went through a recruiter to secure an interview for an engineering position. He insisted that I "suit up" so I did despite knowing it was out of touch with reality. I showed up to a non air conditioned building where the head of engineering was wearing ragged cutoff shorts. Last time I ever bothered with a recruiter.
I find that disgusting, actually: Western societies pretend to be meritocratic, when actually it’s really just nepotism and elitism.
I’m not shedding a single tear for those used to leading a privileged life thanks to their family or money, but have to actually compete with the rest of us now.
> You could count on less competition by knowing where to look, how to present yourself, and what to say. Someone very talented but stuck in a situation where they didn't know how to find these jobs and apply properly was hard.
I'm not sure that is any less true today. If you were looking for a job, people used to go to a job centre or look at the classifieds. Since everyone did it, those were also the jobs with the most competition. Swap job centre and classifieds for online job boards, and you have the situation today. Yes, you have more people applying for the same jobs. On the other hand, that is balanced out by people applying for more jobs. It's hard to claim that applying for more jobs involves more work, though there is certainly a negative psychological impact.
On the other hand, knowing where to look (then or now) cuts out a lot of the competition. Having a social network feeding you that information cuts out even more competition.