modern economy

Spiritual Crisis of the Modern Economy

January 2, 2017

The Atlantic

Victor Tan Chen

The main source of meaning in American life is a meritocratic competition that makes those who struggle feel inferior.

What is happening to America’s white working class?

The group’s important, and perhaps decisive, role in this year’s presidential election sparked a slew of commentary focused on, on the one hand, its nativism, racism, and sexism, and, on the other, its various economic woes. While there are no simple explanations for the desperation and anger visible in many predominantly white working-class communities, perhaps the most astute and original diagnosis came from the rabbi and activist Michael Lerner, who, in assessing Donald Trump’s victory, looked from a broader vantage point than most. Underneath the populist ire, he wrote, was a suffering “rooted in the hidden injuries of class and in the spiritual crisis that the global competitive marketplace generates.”

That cuts right to it. The modern economy privileges the well-educated and highly-skilled, while giving them an excuse to denigrate the people at the bottom (both white and nonwhite) as lazy, untalented, uneducated, and unsophisticated. In a society focused on meritocratic, materialistic success, many well-off Americans from across the political spectrum scorn the white working class in particular for holding onto religious superstitions and politically incorrect views, and pity them for working lousy jobs at dollar stores and fast-food restaurants that the better-off rarely set foot in. And when other sources of meaning are hard to come by, those who struggle in the modern economy can lose their sense of self-worth.

Full story:

https://www.theatlantic.com/business/archive/2016/12/spiritual-crisis-modern-economy/511067/