20 NOV 2018 by ideonexus
The Economic and Cultural Divide in America
For most of the last century, wages in poorer parts of America rose faster than wages in richer places, as inventions were put to work in the hinterlands. After Henry Ford invented the Model T, for example, workers on assembly lines all over the Midwest built it. Now it’s just the opposite. Bright young people from all over America, typically with college degrees, are streaming into the talent hubs of America—where the sum of their capacities is far greater than they’d be separately. ...30 MAY 2016 by ideonexus
The Unnecessariat
In 2011, economist Guy Standing coined the term “precariat” to refer to workers whose jobs were insecure, underpaid, and mobile, who had to engage in substantial “work for labor” to remain employed, whose survival could, at any time, be compromised by employers (who, for instance held their visas) and who therefore could do nothing to improve their lot. The term found favor in the Occupy movement, and was colloquially expanded to include not just farmworkers, contract workers, “gig...Folksonomies: poverty demographics
Folksonomies: poverty demographics
12 MAY 2015 by ideonexus