Sally's right. The rise of temporary workers fits with a possible
recreation of a personal servant class. (As in the 19th century?) But
this was only possible in a world of the new industrialist rich and a
new professional middle class who were living off the profits of mass
produced goods and a large consumer market which was building upwards
from classes at the lowest levels of poverty. Today, we're in an
entirely new situation with a declining consumer population, Most
parents can't afford to buy both the requisite number of status goods
(in and around their house) and also to raise and educate enough
replacement children. The previous "growth" economy of America, Japan
and Western Europe started slowing down seriously 30 years ago, Mean
wages in all these countries started declining in the late '80s and
the only way governments kept their GDPs growing (that is,
notionally) was by unleashing credit and allowing the banks to run riot.
Keith
At 21:01 08/11/2012, you wrote:
Is Our Future Going to Be Keeping Rich People Happy in a Servant Economy?
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