Tuesday, June 02, 2015
A Couple of Thoughts About the Precariat.
We should all read Brian Stewart's essay yesterday on "the rise of the precariat." Everything he reports has been thoroughly analyzed and disclosed over the past few years.
Most of us with 30-something children know the losing struggle that many of them face - lousy jobs, lousy pay, dubious benefits, little if any security. They remain in a precarious state of financial insecurity.
I believe it was Citibank that coined the term "precariat" and former US Federal Reserve chairman Alan Greenspan who actually endorsed it as good for the American economy. Greenspan's thinking, which he quickly retreated from when outed, was that people who are economically insecure are willing to work more, work harder, and demand ever less. Welcome to Red State America.
Here's the thing. If you don't want your kids to endure life in the precariat you have to turn to the people who made it possible. You know them. You elected them. It was all legislated by governments worldwide who chose corporate interests instead of the welfare of their people.
They made it. They can clean it up. But if you want that cleaned up, if you want the sort of healthy, robust middle class we knew in the postwar decades, you're going to have to force their hand.
That's not going to be easy. What had been the Left in Canada has closed up shop and moved to a seemingly more advantageous perch in the center. They've signed on to the neoliberal, market fundamentalist, corporatist agenda. If you want change, you're going to have to knock them off that perch.
Look at what's happened in the States and realize that's where we're headed too if we continue to lay on these tracks waiting for the train.
The New York Times.
Read his warning. Then read his book, "The Price of Inequality." Learn what we're up against, what awaits us and our kids, and who is really responsible for making servitude our reality. Then, when you've had your fill, go to your stooge of choice - Tommy Boy or Junior - and ask them how they're going to undo this national headache before it becomes a full blown and permanent migraine.
If they won't act, don't vote for them. If you do, don't complain about what you've got coming.