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> Collier says we’re experiencing three big rifts: 1) a spatial divide between booming cities and struggling small towns ... Strange then that in the US the "b
by hirundo 7y ago
> Collier says we’re experiencing three big rifts: 1) a spatial divide between booming cities and struggling small towns ...
Strange then that in the US the "booming cities" are voting for more restrictions on capitalism than the "struggling small towns". Yet this is his primary explanation for a crisis in capitalism?
Does he mean that the crisis in capitalism is caused by its success? There may be something to that. The most vocal protesters against capitalism tend to come from more economically privileged classes, judging by, say, college students versus blue collar workers. The Australian elections and Brexit referendum echoed that pattern. It's as if protesting capitalism is a luxury good.
- jddj 7y agoThis isn't so strange in a complex world. When you're struggling to put food on the table you don't have time to philosophise about how a better future would look. You do have time to do the less coal = fewer jobs for your immediate community math.