DigitalDeathRattleOfTheAmericanMiddleClass

ThoughtStorms Wiki

Context : TheMiddleClass

Great essay by DionDennis here : http://www.ctheory.net/text_file.asp?pick=402

(Archive : https://web.archive.org/web/20041214093653/http://www.ctheory.net/text_file.asp?pick=402)

In summary brings together recent evidence of "symbol processing" (ie. IT and other professional) jobs leaving America with the decline in the idea of education as a common good and cuts in universities. It suggests that a generation of well educated professionals were convinced of NeoLiberalism. And that they were responsible for training themselves to be freelance FreeAgents.

Now this generation finds that these jobs can go overseas very easily (as I point out in BlairiteEducationPolicy) Which will lead to a decline in those who can afford education. This combination of a flight of knowledge work overseas, and a collapse in education in the US, spells the end of TheMiddleClasses.

Via ...

ThreadView

The top 1% in the US now own more wealth than 60% of the middle class

https://opportunityinsights.org is looking for what inhibits the middle-class.

How ManagementConsultants destroyed it. https://www.theatlantic.com/ideas/archive/2020/02/how-mckinsey-destroyed-middle-class/605878/

See also

CategoryEducation, CategoryEconomics, CategoryPolitics