cluebucket + stalemate   1

The No-Growth Trap | The National Interest
"Anti-immigrant agitation, racial and religious prejudice, rancorous public discourse, political stalemate and paralysis, eroding generosity toward the disadvantaged—all are the predictable pathologies that ensue from stagnating incomes and living standards... This latest round of such pathologies simply reminds us that even those societies whose citizens talk the best game of having advanced beyond caring about further gains in material living standards—the Dutch, the Swiss, even the Scandinavians—are no less subject to this familiar frustration than their more transparently materialistic American cousins."
nationalinterest  article  news  essay  politics  economy  benjamin_m._friedman  2011  2010s  recession  immigration  growth  wage  income  stagnation  stalemate  conflict  america  europe  japan  prejudice  jim_crow  policy  21st_century 
november 2011 by cluebucket

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