Monday, August 15, 2011

Media and Presidential candidate taboos: Glass-Steagall and great projects

So let’s review: We are increasingly taking easy credit, routine work and government jobs and entitlements away from the middle class — at a time when it takes more skill to get and hold a decent job, at a time when citizens have more access to media to organize, protest and challenge authority and at a time when this same merger of globalization and I.T. is creating huge wages for people with global skills (or for those who learn to game the system and get access to money, monopolies or government contracts by being close to those in power) — thus widening income gaps and fueling resentments even more.
from A Theory of Everything (Sort Of) by Thomas L. Friedman

Friedman betrays his fealty to Mammon's priesthood with his assumption that technology has created legions of useless eaters, and that there's no way for them to become productive, since (he implies) we're doing everything that needs to be done. This is a thinly disguised apology for Hitler's policies.