In order for a society to be sustained social relations have to be reproduced. Yet now neither the middle class nor capital are able to reproduce themselves. This may be the single greatest challenge our society faces. David Leonhardt of the New York Times reminds us that the phrase “American Dream” was born during the Depression. A popular book in 1931 that introduced the concept defined it as “that dream of a land...
Read More »Great Graphic: Another Look at the Reproduction Problem
In order for a society to be sustained social relations have to be reproduced. Yet now neither the middle class nor capital are able to reproduce themselves. This may be the single greatest challenge our society faces. David Leonhardt of the New York Times reminds us that the phrase “American Dream” was born during the Depression. A popular book in 1931 that introduced the concept defined it as “that dream of a land...
Read More »