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Benjamin Studebaker: Why Wages Are Getting Destroyed
Many Americans have not recovered from NAFTA, Bush's and Obama's Great Recession, and the last two administrations' mishandling of COVID. Wages have been stagnant for some time, and housing inflation (among many other types of inflation) are eating into wage growth despite historic levels of worker productivity. Political scientist Benjamin Studebaker describes why this is happening, and how the two parties are culpable in America's inequality.
Clipped from "ArtiFact 42: Benjamin Studebaker On The Crisis Of Democracy" -- https://youtu.be/OobuZB1BLX4
Alex Sheremet on why Donald Trump has a great shot of winning in 2024: https://www.automachination.com/joy-kamala-harris-lose-2024/
Buy Benjamin Studebaker’s "The Chronic Crisis of American Democracy: The Way Is Shut": https://www.amazon.com/Chronic-Crisis-American-Democracy-Shut-ebook/dp/B0BVZ7V4T6/
Benjamin Studebaker’s essays: https://benjaminstudebaker.com/
Support us on Patreon and get the patron-only B Side to this conversation: https://www.patreon.com/automachination
B Side topics: Aristotle’s “Vulgar Craftsman”; how the lack of writing hurts podcasters & other speakers; the peak message board era; the current Ph.D. landscape; how Raul Hilberg’s Holocaust research stymied his career; how the 2008 crisis shaped Benjamin Studebaker’s political awakening; the (illegal) Libya intervention & death of Gaddafi; comparing the 2008 and post-2020 austerity regimes; Trump vs. Hillary voter naivete; more on conspiracy theories; why Benjamin Studebaker is skeptical of affirmative action; Alex’s high school experiences in the hood; is meritocracy possible; how Benjamin Studebaker turned Alex on to Kwame Brown; black girl magic vs. black boy magic; Clarence Thomas is insulted so hard that Alex fears losing his YouTube channel; political theory in the academy; the dream-eating democracy; if the Left secures its goals, wouldn’t citizens drop out of politics altogether; assessing the 2024 presidential race; is Cornel West a serious candidate
Subscribe to the ArtiFact podcast on Spotify: https://spoti.fi/3xw2M4D
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Read more from the automachination universe: https://automachination.com
Read Alex Sheremet’s (archived) essays: https://alexsheremet.com
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Thumbnail background by João Geraldo Borges Júnior for Pixabay
Tags: #politics #election2024 #income
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