Is America that bomb? It is a
country that is full of profound and terrible rage, rage that is endemic and
white hot and constant. Whites hate blacks, the old hate the young, the rich
hate the poor. Perhaps you think “hate” is a strong word. But I am an
economist, and I subscribe to the principle of revealed preference: actions
speak louder than words. America‘s people choose to deny each other the basics
of a good life — healthcare, education, safety, so on — when it costs them
nothing, and benefits them everything, in net terms. What else can any sensible
person call this but hate?
Rage, the bomb, the war. You can
feel this rage in the streets. You can see it on American faces, if you look at
what they are really saying. They are hard and bitter and cold now. Where did
America’s rage come from?
America has seen a kind of social
collapse in the last decade, and does not even really know it. It is not
commented on, not discussed, barely even noticed. Everyday people have been
turned into zeros, nobodies, invisible losers...
There were more than 17 million
factory workers in the United States two decades ago; now there are slightly
more than 12 million. Some kinds of manufacturing, like textiles and furniture,
have largely disappeared. And increased foreign trade did play a role in the
But most economists agree that technological
is the primary cause. The value of America’s industrial output is
at the highest level in history, but those goods are produced by fewer workers,
a trend that cannot be reversed by changes in trade policy.
Trump’s Grim View of the Economy Ignores Most Americans’ Reality
By BINYAMIN APPELBAUM.
Jan. 20, 2017
New York Times
The realm of freedom really
begins only when labor
determined by necessity and external expediency ends.
Karl Marx, Capital