Thursday, February 07, 2013

Industries Decline

For decades the popular - and largely true - view was that it was blue collar workers who faced decline. This allowed elites to have a certain snobbish take on it. Blue collar workers are uneducated, after all (that they might be un(formally)educated but highly skilled was not important). It'll be interesting to see the ongoing reactions as FIRE and Law disappear as paths to relative affluence.