Sunday, February 23, 2014

Revolution on Pause

This is less a news article and more an op-ed on why America doesn't see a revolution of the working class akin to the New Deal era or other such historical periods. The author argues that theoretically, American society today is prime for a "revolution" given the huge income disparity in the country. He cites three reasons for the lack of such a change:

1) The working class is held in stasis due to a fear of losing their jobs in a time of high unemployment and high proportion of people living paycheck-to-paycheck. Basically, low job security. He also mentions the decline in labor unions as a factor in the loss of this security.

2) Students, similar to workers, don't dare "rock the boat." Due to rising debt at the point of graduation and the fact that bankruptcy does not forgive loans, students are afraid to take a stand and ruin their credit scores.

3) And lastly, he cites the cynicism of the American public, which believes that the government is inherently ineffective and cannot enact powerful legislation.

The article is an interesting read and combines both historical perspectives with the facts.


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http://www.truthdig.com/report/item/why_theres_no_outcry_for_a_revolution_in_america_20140127

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