How is the working-class Depression of 2020 similar to the other 47 financial downturns in US history?
The "disrupters" (21st century robber barons) have enabled an alienating and anomic system that is highly dysfunctional for most of the planet, using "algorithms of oppression." And this cannot be solved with data alchemy, marketing, and other forms of sophistry.
Put down your iPhone for a minute and ponder these rhetorical questions:
- How did people not know that another economic crisis was around the corner?
- Doesn't anyone have a sense of US economic history?
- Doesn't anybody read? Even a little?
- Wasn't it only a dozen years ago that we faced a similar crisis?
Warm Koolaid (2016) signified corporate America's use of myths and distractions to sedate the masses.
Who will hear the warnings and do something constructive for our future? Or is this Covid crisis another opportunity for the rich to cash in on the tragedy?
The answer lies, in part, to an ignorance of history and science, and oversupply of low-grade information, poor critical thinking skills, and lots of distractions. That's in addition to the massive greed and ill will by the rich and powerful.