Two things can be said about the future right now Keith. One is that one
doesn't want to think about it. It's too dismal. The other is that one wants
to find someone to blame. Bankers perhaps? Blaming the Chicago School has
become a bit jaded, but the Harvard Business School has recently come under
attack. Perhaps all business schools should share the blame?
Ed
----- Original Message -----
From: Keith Hudson
To: RE-DESIGNING WORK, INCOME DISTRIBUTION,EDUCATION
Sent: Saturday, October 24, 2009 10:29 AM
Subject: Re: [Futurework] 65 and Up and Looking for Work
Ed,
There was Special on this on BBC Newsnight last night. During a discussion of
the 1930s Depression what I found particularly interesting were comments by a
couple of historians that in the US the Depression had enormous political
effects (against the bankers and the right-wing) but that this took 18 months
even before it began to express itself fully. What has surprised me greatly
about the present one (at least over here -- and, similar to the US, we're in a
much worse condition than Canada) is that public criticism of the bankers has
been relatively mild so far. It's understandable therefore that the politicians
have done almost nothing so far about bringing new legislation about and
imposing their will on them (as Roosevelt did in the 1930s against fierce
opposition of Congress). But if the past is any guide, then social and
political explosions will follow shortly! One straw in the wind is that the
British National Party over here (about two-thirds of the way towards the
German Nazis of the 1930s) is already beginning to take off with 20% public
support according to a opinion poll of yesterday.
Keith
At 09:25 24/10/2009 -0400, you wrote:
Thanks for posting, Arthur. Gives a new meaning to the term "depression".
It's not only about the economy but also about how people struggling to cope
feel about things.
Ed
----- Original Message -----
From: Arthur Cordell
To: [email protected]
Sent: Friday, October 23, 2009 11:01 PM
Subject: [Futurework] 65 and Up and Looking for Work
NY Times
October 24, 2009
65 and Up and Looking for Work
By STEVEN GREENHOUSE
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