The past few years have seen the steady rise of populist, anti-establishment politics across a broad swathe of the West. In the mouths of its defenders, populism is liberation from the yoke of global domination. In the mouths of its critics, it is cheap demagoguery and the greatest threat to rule of law we have […]
Posts Tagged ‘discontents’
The Financialization Of America… And Its Discontents
October 1st, 2017 Awake Goy
Source: Charles Hugh Smith via OfTwoMinds Labor’s share of the national income is in freefall as a direct result of the optimization of financialization. The Achilles Heel of our socio-economic system is the secular stagnation of earned income, i.e. wages and salaries. Stagnating wages undermine every […]