Saturday, January 02, 2021

Precarity

An important measure of a successful economy, as measured with respect to anything resembling the human welfare, would be the % of population that lives without varying degrees of precarity throughout their lives.

An economy where a significant number of people are one or two medical emergencies away from destitution is not something to be labeled a success.

A political-media industrial complex in which its members, or at least its elite ones, find this to be an alien concept is not something to praised, either.