The Privatization of Risk
Jul. 1st, 2015 09:37 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
elfsThomas Edsall's NY Times opinion piece, Why Don't the Poor Rise Up?, is a great thinkpiece on the way "individuation," the way we have all been atomized, step by step, into being "individuals," discouraged from recognizing our collective destiny or responsibility, has led to the psychopaths taking charge. But it has other thoughs as well, including this quote from Jacob Hacker's book
The Great Risk Shift: "Up until the 1950s, American society and government combined a faith in economic opportunity with a commitment to economic security. Today that message is starkly different: You are on your own."
Hacker and Ulrich Beck together make the claim that the successes of the modern welfare state, by assigning individual claims to its benefits as well as individual contributions to its well-being, has sown its own destruction. Pointing to individual egregious abuses, the anti-collectivist crowd has successfully clawed their way into a transnational economic structure that allows them to assign risk away.
"Risk" has always been something that the capitalists talk about. The economic opportunity of 1950s capitalism (which most people agree was pretty damned good capitalism, at least for the dominant socioeconomic group, namely white dudes) came with a safety net. But that net no longer exists. Instead, profits are socialized and risks are privatized. This creates risk asymmetry, where some groups take risks and other groups suffer the "unforseen side effects." The most trenchant example is of course the bailout of the banks, where millions of retirees suffered the "unforseen side effects" of the quasi-legal corruption of Wall Street (now completely legalized by our failure to prosecute anyone), but the most commonplace examples of corporations going bankrupt to leave behind toxic waste dumps has been ongoing for decades.
Edsall doesn't mention it, but his article stands in opposition to David Frum's infamous Dead Right (1995) in which Frum's opening sentence reads "Since it’s formation in the early 1950’s, the intellectual movement known as American conservatism has stood for two overarching principles: anticommunism abroad and radical reduction in the size, cost, and bossiness of the federal government at home." Note that Frum's agenda is pure individualization. But Frum goes on to ice the cake:
Here we are, twenty years after Frum's book, and the general trend is exactly as Frum (and David Brooks, and Ross Douthat, and the New York Times) wanted it.
The Great Risk Shift: "Up until the 1950s, American society and government combined a faith in economic opportunity with a commitment to economic security. Today that message is starkly different: You are on your own."
Hacker and Ulrich Beck together make the claim that the successes of the modern welfare state, by assigning individual claims to its benefits as well as individual contributions to its well-being, has sown its own destruction. Pointing to individual egregious abuses, the anti-collectivist crowd has successfully clawed their way into a transnational economic structure that allows them to assign risk away.
"Risk" has always been something that the capitalists talk about. The economic opportunity of 1950s capitalism (which most people agree was pretty damned good capitalism, at least for the dominant socioeconomic group, namely white dudes) came with a safety net. But that net no longer exists. Instead, profits are socialized and risks are privatized. This creates risk asymmetry, where some groups take risks and other groups suffer the "unforseen side effects." The most trenchant example is of course the bailout of the banks, where millions of retirees suffered the "unforseen side effects" of the quasi-legal corruption of Wall Street (now completely legalized by our failure to prosecute anyone), but the most commonplace examples of corporations going bankrupt to leave behind toxic waste dumps has been ongoing for decades.
Edsall doesn't mention it, but his article stands in opposition to David Frum's infamous Dead Right (1995) in which Frum's opening sentence reads "Since it’s formation in the early 1950’s, the intellectual movement known as American conservatism has stood for two overarching principles: anticommunism abroad and radical reduction in the size, cost, and bossiness of the federal government at home." Note that Frum's agenda is pure individualization. But Frum goes on to ice the cake:
The great, overwhelming fact of a capitalist economy is risk. Everyone is at constant risk of the loss of his job, or of the destruction of his business by a competitor, or of the crash of his investment portfolio. Risk makes people circumspect. It disciplines them and teaches them self-control. Without a safety net, people won’t try to vault across the big top. Social security, student loans, and other government programs make it far less catastrophic than it used to be for middle-class people to dissolve their families. Without welfare and food stamps, poor people would cling harder to working-class respectability than they do not.So not only is that whole, vicious "You're on your own" not unwanted, it's actually a desired feature. Capitalism isn't a glorious promise of economic opportunity, it's a mechanism for keeping the hoi polloi in their place, cowed and compliant.
Here we are, twenty years after Frum's book, and the general trend is exactly as Frum (and David Brooks, and Ross Douthat, and the New York Times) wanted it.
Adult site
Date: 2016-11-07 06:28 pm (UTC)http://arab.aunties.porndairy.in/?entry.joslyn
laden publishers polygamy minda murah
Open full-grown galleries
Date: 2016-11-07 10:24 pm (UTC)http://porn.bloopers.blogporn.in/?post-nevaeh
black woman white man porn free nude ameatur porn porn no download seventeen sweethearts porn tour 03 free amatuer forbidden porn
Adult galleries
Date: 2016-11-07 10:45 pm (UTC)http://hotties.pictures.erolove.in/?post.fabiola
nigerian sex flv black female pornstars raven riley pussy fuck fuck team 5 link password asian pros nipple suck mms full 176 mp4 3gp
Loose galleries
Date: 2016-11-08 02:07 am (UTC)body shaper dress ladies sexy lingerie adult diaper dating
http://sissies.purplesphere.in/?read.alessandra
personalized license tags Ùیلم های سکس ÛŒ dresses by penis probing baby names like seven7 jeans pantties and thongs license plate lookup free
Sexual pictures
Date: 2016-11-08 02:36 am (UTC)http://arab.sex.photo.xblog.in/?post.monique
once clinton simi profile teenagers
Unshackle galleries
Date: 2016-11-08 06:31 am (UTC)http://hotties.pictures.erolove.in/?entry-madelyn
pain in left side of body near stomach dragon ball z para nds sexy low cut peasant blouse celebrity clip female movie nude scene the hottest nude woman
Mature placement
Date: 2016-11-08 11:30 am (UTC)http://asslick.photo.erolove.in/?post.janiya
hindi sex ki kahani oral sex man to man amateur fighetta xxx mobile tube fucking milf in pain intext:.com/files
Grown up placement
Date: 2016-11-08 04:15 pm (UTC)http://bbw.clubs.webcamsex.lgbt/?post.keyla
brothel porn tube erotic porn free online women free cheerleader xxx porn matur interracial porn videos female dominance whipping porn sites
Loose galleries
Date: 2016-11-08 09:44 pm (UTC)http://ashlynn.pornpost.in/?profile.maegan
partnersuche 50 ukraine single dating best lesbian dating website johannesburg free dating sites cougar dating edmonton
Loose grown-up galleries
Date: 2016-11-08 10:02 pm (UTC)how to download google play apk download free iimages android game cheapest android mobile in india best android app to download free songs
http://pornapps.xblog.in/?gain.mary
google download for android android mobile apps free download sites videos app download looking for sexy girls amdroid market
Full-grown galleries
Date: 2016-11-09 06:55 am (UTC)http://blondesex.twiclub.in/?register.meadow
erotic games download lit erot erotoc ballet erotic fgiures adultvideo
Sexual pictures
Date: 2016-11-09 10:31 am (UTC)http://dating.club.adultnet.in/?gain.rachael
datting fuck married women no strings attached date site top sex hookup sites gay teenage dating sites
Adult placement
Date: 2016-11-09 01:27 pm (UTC)http://hotpic.erolove.in/?entry.jenna
free ukraine porn emo girl names teen 16 3gp free long sex clip free nude photo of jennifer lopez
Sexual pictures
Date: 2016-11-09 02:30 pm (UTC)jeans with jeans funny sissy pa chastity tube
http://sissy.adultnet.in/?page.dulce
how to remove tampons pretty blouses comfortable flats what is a conflict theory in sociology free porno live sex chicago judy cam chat room rhinoplasty photos
Pictures from social networks
Date: 2016-11-09 06:30 pm (UTC)game gratis download free download mobile software text apps for android phone top rpg games for android 2014 hire an android developer
http://sex.games.android.porndairy.in/?leaf.annalise
free games in google play free apps app android dating appos best software for computer free download android launcher design
New spot
Date: 2016-11-09 11:15 pm (UTC)http://sunni.muslim.purplesphere.in/?post-jazmyn
miniatures hire grandfather mind staff
Adult galleries
Date: 2016-11-10 02:48 am (UTC)http://date.inc.xblog.in/?profile.bridget
farmers only signles international online dating sites instant chat room free best dating site for christians horse lovers dating
New site
Date: 2016-11-10 12:51 pm (UTC)pictures of cartoons heels shoes online transgender dating free
http://feminisation.xblog.in/?blog.kelsi
crotchless satin man clothing store slutty maid outfits female chatting crossdresser breasts exotic mens underwear hotel twverna budapest steel boned underbust corsets
Social pictures
Date: 2016-11-10 11:40 pm (UTC)sock style forced feminization husband muslim ideas
http://sissies.purplesphere.in/?view.mckenna
girl uniform young guy with older women older men porn videos all about black history women rights movement breast enlargement costs online buy clothes domination bondage
Grown up purlieus
Date: 2016-11-10 11:51 pm (UTC)http://bigboobs.yopoint.in/?entry.destiney
gundam porn anime take off porn movie french porns photo galleires arabian housewive porn vids full legnth porn videos movv vies
Matured purlieus
Date: 2016-11-11 02:42 am (UTC)http://sunni.muslim.purplesphere.in/?post-alanis
mccartney accommodation alawi action sexycam
Adult purlieus
Date: 2016-11-11 08:06 am (UTC)http://peggme.yopoint.in/?profile.yolanda
erotic role play virtual erotic erotic lovers erotic statue adult erotic literature
Mature galleries
Date: 2016-11-11 03:04 pm (UTC)powerpoint cinema supplement for breast growth domestic violence crisis
http://sissies.purplesphere.in/?read.edith
free online oxford english dictionary her panties for him women looking for love amsterdam wed seed 14 year old clothes crossdressing gaff looking women definition of the labour market
Grown up site
Date: 2016-11-11 06:47 pm (UTC)what is contemporary arts sex change doctors best seed sites
http://sissyabuse.blogporn.in/?post.monserrat
the boudoir dressing young teen quotes list of male and female hormones how to meet older women دانلود رایگان Ùیلم سوپر سکسی male to female transformation galleries chastity belt sm hypnosis to fuck
Sexual pictures
Date: 2016-11-11 10:28 pm (UTC)http://travel.tobuy.in/?register.alissa
erotic writing video pirno gratis erotic body erotic witch shunga erotic