Tuesday, November 20, 2012

krug wrong place


The truth is that while single women and members of minority groups are more insecure at any given point of time than married whites, insecurity is on the rise for everyone, driven by changes in the economy. Our industrial structure is probably less stable than it was — you can’t count on today’s big corporations to survive, let alone retain their dominance, over the course of a working lifetime. And the traditional accoutrements of a good job — a defined-benefit pension plan, a good health-care plan — have been going away across the board.
Every time you read someone extolling the dynamism of the modern economy, the virtues of risk-taking, declaring that everyone has to expect to have multiple jobs in his or her life and that you can never stop learning, etc,, etc., bear in mind that this is a portrait of an economy with no stability, no guarantees that hard work will provide a consistent living, and a constant possibility of being thrown aside simply because you happen to be in the wrong place at the wrong time.

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