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The Rage and Glee That Followed a C.E.O.’s Killing Should Ring All Alarms
"The concentration of extreme wealth in the United States has recently surpassed that of the Gilded Age. And the will among politicians to push for broad public solutions appears to have all but vanished. I fear that instead of an era of reform, the response to this act of violence and to the widespread rage it has ushered into view will be limited to another round of retreat by the wealthiest. Corporate executives are already reportedly beefing up their security. I expect more of them to move to gated communities.... Almost certainly, armed security entourages and private jets will become an even more common element of executive compensation packages, further removing routine contact between the extremely wealthy and the rest of us, except when employed to serve them."
--Zeynep, Tufekci, professor of Sociology and Public Affairs, Princeton University
This is a gift 🎁 link, so you can read the whole insightful article by Zynep Tufekci, a Princeton sociologist. She discusses the "avalanche" of rage against the insurance industry that this shooting of UnitedHealthcare CEO Brian Thompson evoked on social media:
I’ve been studying social media for a long time, and I can’t think of any other incident when a murder in this country has been so openly celebrated. The conditions that gave rise to this outpouring of anger are in some ways specific to this moment. Today’s business culture enshrines the maximization of executive wealth and shareholder fortunes, and has succeeded in leveraging personal riches into untold political influence. New communication platforms allow millions of strangers around the world to converse in real time. [emphasis added]
[See more under the cut.]
Tufekci describes how income inequality today has exceeded that of the Gilded Age, during which the wealth of the Vanderbilts, Rockefellers, etc. (i.e., the "Robber Barons") was amassed. Referring to the Gilded Age, Tufekci commented:
Less well remembered is the brutality that underlay that wealth — the tens of thousands of workers, by some calculations, who lost their lives to industrial accidents, or the bloody repercussions they met when they tried to organize for better working conditions. Also less well remembered is the intensity of political violence that erupted. The vast inequities of the era fueled political movements that targeted corporate titans, politicians, judges and others for violence. [emphasis added]
Slowly but surely, over time, reform occurred. Tufekci says:
The turbulence and violence of the Gilded Age eventually gave way to comprehensive social reform. The nation built a social safety net, expanded public education and erected regulations and infrastructure that greatly improved the health and well-being of all Americans. [emphasis added]
Tufekci is worried that the U.S., a nation that is "awash in powerful guns," may be entering a new violent era. She fears that the national response to today's income inequality and corporate exploitation will unfortunately not be the kinds of reforms that happened previously--reforms that limited how much corporations (and their wealthy owners/ CEOs) could exploit labor, consumers & the environment.
What Tufekci implies, but doesn't state, is the reason those kinds of reforms won't happen is because nearly half of the country, riled up by right-wing media, elected Trump--a greedy corporate billionaire--to take away their economic pain.
So of course Trump has enlisted two other billionaires, Musk and Ramaswamy to demolish labor protections, business regulations and the social safety net--the very reforms that helped average citizens avoid the worst labor exploitation and economic problems of the Gilded Age.
In doing so, Trump and the billionaire oligarchs working with him are setting the nation up for disaster.
These billionaires who believe that anything that helps corporations (and the wealthy who own or run them) flourish, seem to have completely forgotten that AI is now finally taking off. and in its wake many people (including those in technical fields and management) will be laid off.
But by that time, there will be little or no social safety net for them to fall back on.
Unfortunately, there will be lots of AR-15s laying around.
Wait until the working and middle classes FINALLY realize they've been had by Trump and the billionaire oligarchs.
The violence of the Gilded Age will be nothing in comparison.
#united healthcare#brian thompson#shooting#income inequality#trump administration#billionaire oligarchs#gun violence#zynep tufekci#the new york times#gift link
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New Post has been published on Books by Caroline Miller
New Post has been published on http://www.booksbycarolinemiller.com/musings/finding-the-right-code/
Finding The Right Code
Courtesy of google.com I have a friend who is averse to reading emails. That makes it difficult for us to arrange to meet for coffee because I’m averse to telephones. As spies we’d do dismally. How would we come together long enough to arrange a dead drop, a place where we would leave and pi...
#Equifax#Facebook#hackers#Martin Hellman#Morse code#Private A. I.#public key cryptology#Whittfield Diffie#Zynep Tufekci
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