Doing the Minimum | No Mercy / No Malice
Support for unions among college graduates sits at 70%. The professional managerial class - supposedly individualistic, supposedly above such concerns - is converging with the working class on populist economic views. Tax the rich. Regulate big business. Protect workers from being replaced by algorithms or outsourced to cheaper labor markets.
30 Days, 9 Cities, 1 Question: Where Did American Prosperity Go?
I want this to change. I want to move back toward a society where the hard work of an unskilled laborer is considered worthwhile in social interactions, regardless of how many dollars it brings home. I want to move back toward a society where being a good parent or a friendly neighbor earns as much respect as making a hundred million dollars on... See more
Bullshit ahead
Already a fourth of the adults actually employed in the US are paid wages lower than would lift them above the official poverty line – and so a fifth of American children live in poverty. Almost half of employed adults in this country are eligible for food stamps (most of those who are eligible don’t apply). The market in labour has broken down,... See more
James Livingston • What if jobs are not the solution but the problem? – James Livingston | Aeon Essays
Researchers at the University of Chicago and Stanford measured America’s economic growth per person from 1960 to 2010 and concluded that up to two-fifths of America’s increased prosperity during that time can be explained by better identification and allocation of talent.