Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
The main object of the Ueberklass for the last half century has been the reduction of salariats to precariats.  In the US, even the professions have been targeted.  Insurance companies have turned doctors into assembly line workers with strict production quotas.  A gross increase of law school grads has caused a glut forcing many attorneys to work on document review projects for less than $20/hour.  But nothing will change here because we have no poor people, just temporarily embarrassed millionaires.
by rifek on Mon Sep 28th, 2015 at 09:12:06 AM EST
[ Parent ]
See my response to your previous post regarding 'temporarily embarrassed millionaires'.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Sep 28th, 2015 at 09:49:26 AM EST
[ Parent ]
I like that phrase because it captures the central conceit of capitalism - that we can all be millionaires if we work hard enough - and its just bad luck or laziness if we haven't quite made it yet.

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Mon Sep 28th, 2015 at 04:57:27 PM EST
[ Parent ]
It's the central myth of US culture: Horatio Alger and self-made men.  It's all crap and has mostly been a tool to control the working classes, but even the death of the middle class and all mobility but downward hasn't killed it.
by rifek on Mon Sep 28th, 2015 at 10:54:25 PM EST
[ Parent ]
Industry and productivity can make everyone prosperous, or to put it in other terms, "Confer upon all members of society goods, services, opportunities and choices".

Being rich is unfortunately very frequently defined as "Having much more than the average person" Which, obviously, is not something which everyone can achieve.

And policies meant to promote the first look very, very different from policies catering to people who want to achieve the second.

by Thomas on Tue Sep 29th, 2015 at 12:24:42 PM EST
[ Parent ]

Display:

Occasional Series