Showing posts with label inequality. Show all posts
Showing posts with label inequality. Show all posts

Wednesday, November 02, 2011

All or nothing when talking values and money

In this week's editorial, David Brooks either misses the point or hopes to talk around it.

He argues that the Occupy protest movement targets the wrong type of inequality. To make his argument, Brooks organizes inequality into two varieties conveniently named Blue and Red. According to Brooks, Blue inequality--the target of the Occupy movement--consists of the wealth gap between the elite business/finance sector and everyone else. Red inequality consists of the opportunity and values gap between college graduates and those who never make it to college.

The differences between college grads and non-college grads, Brooks says, are "inequalities of family structure, child rearing patterns and educational attainment". Besides making the sweeping generalization that college graduates are better at raising children and run better homes, Brooks makes the common mistake of separating values and economics and then emphasizing one at the expense of the other. The poor need stable, good paying jobs to support a family the way Brooks wants them to. Liberals tend to overemphasize the economics of poverty, while Conservatives focus on values.

Towards his conclusion, Brooks writes that Blue inequality is "not nearly as big a problem as the 40 percent of children who are born out of wedlock. It’s not nearly as big a problem as the nation’s stagnant human capital, its stagnant social mobility and the disorganized social fabric for the bottom 50 percent." With jobs being outsourced or eliminated due to downsizing, and with workers' wages stagnant while CEO pay skyrockets, Brooks is naive to think that if only the poor married before having children, their conditions would improve and opportunity would follow.

Sunday, October 16, 2011

Current narrative on Occupy Wallstreet

The media narrative on Occupy Wall Street says the participants have no clearly defined unifying goal or policy objective. By contrast we're shown the Tea Party who want smaller government and less taxes. Nevermind that "smaller government" and "less taxes" are amazingly broad demands that, if actually instituted, would result in changes that the Tea Party would not support, including cuts to the military, cuts to US farm and oil subsidies, and cuts to Social Security and Medicare (presumably, once unknowing senior Tea Party members are made aware these are government-run programs, some would change their mind).

Occupy Wall Street's thematic conceptual equivalent to "smaller government" and "less taxes" is probably "inequality" because this key word holds much meaning for the protestors: Inequality of wealth distribution (the poor get poorer and the rich get mega-rich), inequality of bailout-giving (big banks get 'em, homeowners and college loanees don't), inequality of criminal prosecutions (white collar crimes are often ignored, crimes of the poor cause prisons to spill over), and so on.

If the narrative is true that Occupy Wall Street lacks a cohesive, meaningful message, then it is equally true of the Tea Party. In fact, as the Tea Party grew in number, its aims became even more diverse, including Obama citizenship-deniers, health care reform opponents, social conservatives, fiscal conservatives, veterans, seniors, libertarians, the rich and the poor. Yet they were celebrated in the media for allegedly lacking leadership and being a true-blue grass roots movement. The same benefit of the doubt is denied Occupy Wall Street.