eleanorrigbyATX

breadandcircuses , 5 months ago (edited 5 months ago) to random

Here's Cory Doctorow (@pluralistic) on the permanence of wealth disparity in the USA...

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The factual: America is not a bootstrap-friendly land. If you have money in America, chances very good are you inherited it.

American wealth is now dynastic, perpetuating itself and growing thanks to a whole Versailles' worth of courtiers: money managers, lawyers, and overpaid babysitters who can keep even the most Habsburg-jawed nepobaby in turnip-sized million-dollar watches and performance automobiles and organ replacements for their whole, interminable lives.

But it's not just that the American rich stay rich – it's that the American poor stay poor. America is a world-trailing loser in the international social mobility league-table. If you change classes in America, chances are you're a middle class person becoming poor, thanks to medical costs or another of the American debt-traps; or you're a poor person who is becoming a homeless person thanks to America's world-beating eviction mills.

As a factual matter, America just isn't the land of bootstraps; it's a land of hereditary aristocrats. Sustaining the American narrative of meritocracy requires a whole culture industry, novels and later movies that constitute a kind of state religion for Americans – and like all religious tales, the American faith tradition is riddled with gaps and contradictions.

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FULL ESSAY -- https://pluralistic.net/2023/04/10/declaration-of-interdependence/

#Politics #USA #Capitalism #Inequality