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KEK Wars, Part 2
[Ecosophia] In last week's thrilling episode of The Kek Wars, we talked about the way that America's managerial aristocracy and its broad penumbra of lackeys and hangers-on retreated into a self-referential bubble to avoid noticing the consequences of their preferred policies. As they did so, those policies‐the metastatic growth of government regulation that strangled small businesses and transferred power and wealth to huge corporations and federal bureaucracies, the trade policies that forced working class wages and benefits down below subsistence levels, and the tacit policy of encouraging unlimited illegal immigration that created a vast labor pool of noncitizens who had no rights and thus could be exploited with impunity‐drove tens of millions of Americans into destitution and misery. Now it's time to start exploring how the blowback to those policies took shape.It looks long, like yesterday's Part 1, but I'm gonna read it all. Part of that blowback came from within the working classes that took the brunt of the policies just named, and part of it came from other sectors of society that were shut out of the benefits of the bipartisan policy consensus and forced to carry a disproportionate share of the costs. Another element of it, though, unfolded from a policy that elites always embrace sooner or later: the habit of making sure that the educational system produces more people trained for managerial tasks than existing institutions can absorb. See, I told you it'd be interesting. RTWT. Posted by: Bobby 2018-08-17 |
| http://www.rantburg.com/poparticle.php?ID=520957 |