Tag Archives: Precariat

The Unraveling Quickens

By Charles Hugh Smith Source: Of Two Minds Even if we don’t measure the erosion of intangible capital, the social and political consequences of this impoverishment are manifesting in all sorts of ways. The central thesis of my new book … Continue reading

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Is the U.S. Becoming a Third World Nation?

By Charles Hugh Smith Source: Of Two Minds This is a chart of an informal kleptocracy which cloaks itself in the faux finery of democracy and a (rigged) “market” economy. Back in the day, nations that didn’t qualify as either … Continue reading

Posted in Corporate Crime, corporate news, Corporate Welfare, Corruption, culture, Dystopia, Economics, elites, Financial Crisis, Inequality, Oligarchy, Social Control, Social Engineering, society, Sociology, Technocracy | Tagged , , , , , , , , , , , , , , , , , , , | 1 Comment

Jeff Bezos’s Corporate Takeover of Our Lives

How Amazon’s relentless pursuit of profit is squeezing us all—and what we can do about it By David Dayen Source: In These Times AMAZON IS AN ONLINE RETAILER. It also runs a marketplace for other online retailers. It’s also a shipper … Continue reading

Posted in Consumerism, culture, Dystopia, Economics, elites, Financial Crisis, Inequality, Labor, media, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, surveillance state, Technology, Work | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Unrealistically Great Expectations

By Charles Hugh Smith Source: Of Two Minds Our expectations have continued ever higher even as the pie is shrinking.. Let’s see if we can tie together four social dynamics: the elite college admissions scandal, the decline in social mobility, the … Continue reading

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Inventing the Future: The Collective Joy of Mark Fisher’s ‘k-punk’

By Michael Grasso Source: We Are the Mutants k-punk By Mark Fisher Foreword by Simon Reynolds, Edited by Darren Ambrose Repeater Books, 2018 A little over two years ago, theorist and cultural critic Mark Fisher took his own life at … Continue reading

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Why Are so Few Americans Able to Get Ahead?

By Charles Hugh Smith Source: Of Two Minds Our entire economy is characterized by cartel rentier skims, central-bank goosed asset bubbles and stagnating earned income for the bottom 90%. Despite the rah-rah about the “ownership society” and the best economy … Continue reading

Posted in Corporate Crime, culture, Dystopia, Economics, education, elites, Empire, Financial Crisis, Housing Crisis, Inequality, Labor, Neoliberalism, Social Control, Social Engineering, society, Sociology, State Crime, Work | Tagged , , , , , , , , , , , , , , | Leave a comment

America’s Social Depression Is Accelerating

By Charles Hugh Smith Source: Of Two Minds We need to value honesty above optimism. Once we can speak honestly, there is a foundation for optimism. Beneath the rah-rah statistics of “the greatest economy ever,” the social depression is accelerating. The … Continue reading

Posted in conditioning, consciousness, Corporate Crime, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Health, Inequality, Labor, Neoliberalism, Oligarchy, Psychology, Social Control, Social Engineering, society, Sociology, State Crime, Work | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Reimagining the Middle Class

In her new book, Alissa Quart chronicles what happens when capitalism and families collide By Ann Neumann Source: The Baffler AS THE ECONOMIC STATUS OF MANY in the United States has declined over the past several decades, journalists have often focused on … Continue reading

Posted in Activism, corporate news, culture, Dystopia, Economics, education, elites, Financial Crisis, Health, Housing Crisis, Inequality, Labor, Social Control, Social Engineering, society, Sociology, Work | Tagged , , , , , , , , , , , , , , , , | 3 Comments