Displacement of traditional working class from "summary" of The New Class Conflict by Joel Kotkin
The traditional working class, which once formed the backbone of Western societies, now finds itself increasingly displaced and marginalized in the new economy. This shift has been driven by a number of factors, including the rise of automation, globalization, and the growth of the knowledge economy. As a result, many of the jobs that were once held by working-class individuals have either disappeared or been outsourced to other countries where labor costs are lower. One of the key consequences of this displacement is the loss of economic security and stability for many working-class individuals and families. In the past, a job in a factory or on a production line could provide a decent wage and benefits, allowing workers to support themselves and their families. However, as these jobs have disappeared, many working-class individuals have been forced to take on lower-paying and less secure jobs in sectors such as retail, hospitality, and the gig economy. This shift has also had broader social and political implications, as the traditional working class has seen...Similar Posts
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