Showing results for "A B" in Social Classes & Economic Disparity

The dark side of the gig economy (Uber, Airbnb, etc.) and how to make it equitable for the users and workers most exploited.

Metrofix: The Combative Comeback of a Company Town shows what went right and what went wrong when General Electric moved most of its businesses out of Schenectady, New York. Once known as “The City that Lights and Hauls the World” because of its electrical and railroad industries, the Electric City enjoyed decades of dizzying, enviable success. Like other river towns upstate, it was a 20th-century economic powerhouse that fueled the wealth and reputation of the Empire State.

America’s unique prosperity is based on its creation of a middle class. In the 20th century, that middle class provided the workforce, the educated skills, and the demand that gave life to the world’s greatest consumer economy. It was innovative and dynamic; it eclipsed old imperial systems and colonial archetypes. It gave rise to a dream: that if you worked hard and followed the rules you would prosper in America, and your children would enjoy a better life than yours. Incredibly, however, for more than 30 years, government and big business in America have conspired to roll back the American dream....