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Deaths of Despair and the Future of Capitalism
Friday, March 27th, 2020
Deaths of Despair sheds important light on how the loss of manufacturing jobs and the rise of graduates have been two sides of the same coin in a US that has deindustrialised at breakneck speed in some regions, while shifting at a similar pace to a tech-focused “knowledge economy” in others. The economic, social and political consequences have been momentous… What Case and Deaton’s book vividly demonstrates is that, in the context of a malfunctioning form of capitalism, the myth of educational “meritocracy” can seriously damage people’s health.
Tags: Health, ideology, participation, standard of living
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