Deaths of Despair and the Future of Capitalism - Anne Case & Angus Deaton
Language: EnglishKeywords:
Capitalism
Economics
Imequality
Neoliberalism
Politics
Poverty
Working-class
Shared by:daenigma100
From economist Anne Case and Nobel Prize winner Angus Deaton, a groundbreaking account of how the flaws in capitalism are fatal for America’s working class
Life expectancy in the United States has recently fallen for three years in a row - a reversal not seen since 1918 or in any other wealthy nation in modern times. In the past two decades, deaths of despair from suicide, drug overdose, and alcoholism have risen dramatically, and now claim hundreds of thousands of American lives each year - and they’re still rising. Anne Case and Angus Deaton, known for first sounding the alarm about deaths of despair, explain the overwhelming surge in these deaths and shed light on the social and economic forces that are making life harder for the working class. They demonstrate why, for those who used to prosper in America, capitalism is no longer delivering.
Deaths of Despair and the Future of Capitalism paints a troubling portrait of the American dream in decline. For the white working class, today’s America has become a land of broken families and few prospects. As the college educated become healthier and wealthier, adults without a degree are literally dying from pain and despair. In this critically important book, Case and Deaton tie the crisis to the weakening position of labor, the growing power of corporations, and, above all, to a rapacious health-care sector that redistributes working-class wages into the pockets of the wealthy. Capitalism, which over two centuries lifted countless people out of poverty, is now destroying the lives of blue-collar America.
This book charts a way forward, providing solutions that can rein in capitalism’s excesses and make it work for everyone.
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| Creation Date: | Mon, 18 May 2020 15:53:52 +0100 |
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| Anne Case & Angus Deaton - Deaths of Despair and the Futrue of Capitalism.mp3 279.4 MBs | |
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This post has 8 comments with rating of 5/5
May 18th, 2020
This is liberal propaganda..
May 18th, 2020
“Capitalism, which over two centuries lifted countless people out of poverty, is now destroying the lives of blue-collar America.”
Here in the US, Capitalism was supercharged with the addition of globalism by Wall St. A line of US presidents from both parties supported the changes.
I think the author’s statement above is correct. Trump was elected by these people for his nationalistic rhetoric, i.e. bringing jobs back home, stopping the influx of cheap labor that robbed Americans of jobs, etc.
For the most part the president’s word were just words. There will be no end to H1B visas that also take white color jobs. The influx of drugs still plague the center of the country. In all fairness, both parties prefer business as usual and there is only so much one man can do.
Nationalism, populism thought of as bad words by our elites will only keep rising as citizens demand their governments work for their interests. And just as the sun will rise tomorrow these new leaders will be co-opted by the 1%.
my 2 cents.
May 18th, 2020
“The Open Society and its Enemies, Plato, Hegel, Marx” … and Nobel Prize Trophy Holders!
May 18th, 2020
in before the countless wankers griping about liberals, clutching their pearls and threatened by anything that challenges their sheltered world view.
May 18th, 2020
@SarahCon Plug your ears and put your head in the sand because anything you disagree with is ‘liberal propaganda’ how sad…
May 18th, 2020
“If everything we do, saves just one life, it will be worth it.” - NY Governor Cuomo
He needs to read this book.
May 19th, 2020
I can’t get my head around the fact that life expectancy in the US has fallen for 3 years in a row. Does anybody have any sort of defence for that?
Does anybody even care that their kids will lead shorter lives but the presidential election will be won by either of two incredibly wealthy, senile, geriatrics?!
I can’t be the only one thinking something’s gone horribly wrong in that country, can I?
May 19th, 2020
Daenigma, thanks so much for posting!!! Didn’t even know it was in audio. Brilliant!
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