It looks like AdBusters planned to protest Wall Street like an American Arab Spring,
but no one really showed up.
Back in July, Adbusters began promoting a move to occupy Wall Street in protest of the rampant corruption, market manipulation and out of control greed that is destroying our nation today
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The author just strikes me as less analytical, more bitter.
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Middle-class debt is also a relatively recent phenomenon, because families no longer have an "extra" adult (AKA Mom) to send into the workplace to earn a salary to afford a decent house. And the extremely recent housing bubble put an end to all the cheap money people were borrowing via home equity loans.
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That said, the other stuff is either pretty much the same as it was in the sixties or an almost direct result of them. You mentioned women in the workplace. What drove them there? Falling wages. What drove those wages down? How about the labor market entry of a whole bunch of Boomers?
The debt is also a bit of a chicken-and-egg. People didn't have a lot of it in the 70s because it wasn't available; it was too expensive. Frontline had a great piece on credit cards, recounting how expensive interest-wise they were until a Supreme Court decision in 1978 opened the door for getting around minimum interest rate laws in various states. The trickle turned into a flood afterward ( ... )
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Seriously, though, why can't they do both? Ever heard of hand-held devices?
Seriouslyer, though, Steven Johnson addressed the problem in his book Everything Bad is Good for You. Kids who play the games are in many ways better than the kids that don't.
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