5 Matching Annotations
  1. Dec 2024
    1. for - climate crisis - impact of Trump tariff strategy - increasing economic and carbon inequality and precarity for the masses - from - Youtube - Trump wants to crash to benefit the ultra wealthy - Trump's planning to crash the global economy - Richard J Murphy - 2024, Dec

      // - SUMMARY - Richard J Murphy provides us with a big picture of Trump's objective in his calculated Tariff strategy - It's not that it makes no sense and is a strategy of a madman - On the contrary, he has a very calculated and maniacal strategy that will result in significantly increasing the wealth of the elites - By creating high tariffs, he will bring about a global economic crash - Like the 2008 and 2020 crash, central banks will print trillions of dollars of money and handout bailouts - It is the elites who will receive these bailouts and inflate the value of their assets - This will - substantially increase the wealth of the rich - substantially increase the precarity of the vast majority of people - increase global inequality - financial inequality and - carbon inequality - This increased precarity is bad news for the climate crisis as a precarious population have less flexibility in reducing their carbon footprint and are more dependent than ever on whatever remain job and resources they still have - Given we have this knowledge of the elite's hidden strategy, can we the people intervene in any way? - We need to have an understanding of how elites see the world - The entire worldview of externalizing investment as a game of accumulation must be understood deeply - in order to find leverage points for rapid system change

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  2. Nov 2024
  3. Aug 2023
    1. Americans are increasingly experiencing economic insecurity. According to a recent survey by Bankrate, 6 out of every 10 of us don’t even have $500 in the bank.
      • for: precarity, inequality, United States - poverty, no savings, financial crisis
      • quote
      • stats
        • 6 out of every 10 American interviewed said they did not have $500 savings in the bank
      • source
        • Bankrate 6 survey
  4. Apr 2020
    1. The precarities that characterize our gig economy were beta-tested on Indian reservations, on the US-Mexico border, in Chinese factories.

      start of the precarity we see today in the gig economy - I don't know if you can divorce all of this from the history of factory work, they could co-exist, but factory work in general has always been precarious.

    2. Precarity has always already been mundane reality — and life itself — for those whose race, gender, and sexuality chained them to acts of violence and exploitation. Precarious life feeds off the vulnerable, breaks their bod-ies, and renders them surplus. To notice precarity differently means to be in radical complicity. Precarity is “life in chains.” Life in chains rejects ideals of an outside, of utopia to be rescued from the machines of capital-ist alienation. Chained up is more than complicity; it means noticing the wounds inflicted by false promises of idealized counterculture, techno-logical progress, and digital intervention

      Precarity - in chains

      by saying the labor is invisible are we erasing the precarity of the work?