4th scale degree is "perfect" and is found before Major 3rd in overtone series.
Then why is it considered "unstable"?
4th scale degree is "perfect" and is found before Major 3rd in overtone series.
Then why is it considered "unstable"?
Aesthetics. In ancient music, the fourth was considered stable (i.e., consonant), but as thirds became more and more prominent, the fourth became problematic as a dissonance against the third. Also as the leading tone came into use, the fourth formed a tritone with it. As a result, the fourth came to be regarded as consonant in some contexts but dissonant in others.
There are various posts on this site about this issue. For example:
You really need to put it into specific context.
The 4th scale degree, the subdominant scale degree, as one of the tonal scale degrees, provides stability and clarity to a sense of tonal center. When it is the bass and root of a triad it is stable in both the context of the chord and the larger context of the tonality/key.
If the 4th scale degree is part of another chord, the sense of stability changes. For example, when it is part of a V7 or viio chord, the tone is dissonant in the tritone against the leading tone, or in V7 against the chord root of the 5th scale degree.
With your mention of the overtone series you hint at not the 4th scale degree but generally to the interval of a perfect fourth (P4.) The idea that a perfect fourth is unstable comes from the counterpoint harmony practice.
The essential idea from that practice is a perfect fourth above a bass is a displacement of a third above the bass in a supposed root position triad. The root position major triad is considered the primary stable harmony, so displacing its third up to a fourth de-stabilizes the harmony.
Notice that the sense of instability of a perfect fourth (or its compound form of an eleventh) is specifically in relation to the bass of the harmony. If, for example, there is a perfect fourth between soprano and alto (or other combinations not involving the bass) the interval is not considered unstable.
My take on this is that the perfect fourth is a consonant interval, but the perfect eleventh (i.e. fourth plus octave) is dissonant, and it gets worse the more octaves you add. Why? Well, as usual it's a mixture of cultural expectation but also simple physics, frequency ratios. The perfect fourth has a nice simple ratio of 4:3, but the perfect eleventh is 8:3, perfect eighteenth 16:3, etc..
Contrast this with the (JI) major† third and fifth, which actually get simpler as you pad octaves in (5:4 vs 5:2, and 3:2 vs 3:1). So a fifth is consonant regardless of octave spacing (which justifies glossing over the octaves, as theory discussions usually do), but it doesn't really work for the fourth.
So, it's perfectly fine to have a fourth between two upper voices, but when we discuss "stability of a scale degree" then you should rather think about the intervals between a high melody voice and a much lower bass accompaniment playing predominantly root notes. Which means the "4th scale degree" isn't actually associated with the perfect fourth, it's much more associated with the perfect eleventh or eighteenth, and as per the above those are dissonant intervals.