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>it's economic segregation we need to watch out for. Absolutely. And if wages rose faster than returns on capital, every employee would benefit. But note: rac
by TomMckenny 8y ago
>it's economic segregation we need to watch out for.
Absolutely. And if wages rose faster than returns on capital, every employee would benefit.
But note: race, gender, religious bigotry etc are wedges that prevents cooperation for reform among wage earners. And now there's a bit of inter generation hatred added to that wedge.
And the mechanisms are immensely complicated. Sometimes it is overt[0] but most of the time it's subtle broadcast choices, feed algorithms that select the most shocking story or subconscious habits that span generations. Somehow things like "merry Christmas" vs "happy holidays" far out play any discussion of wage theft or unlawful evictions. If we could just chill, understand that minorities are not taking over the country and move on to economic issues we'd all be far better off.
[0]https://en.wikipedia.org/wiki/Lee_Atwater#%22Southern_strategy%22 https://en.wikipedia.org/wiki/Lee_Atwater#%22Southern_strate...