His indictment of American capitalism went viral and set off a familiar, if heated, debate, mostly on the right, where conservatives weren’t used to hearing such an assault on free market economics from one of their own. Yet Carlson’s assessment was rooted in solid academic research. In fact, his monologue could have served as the prologue for Deaths of Despair, a new book written by the married Princeton economics duo Anne Case and Nobel Prize winner Angus Deaton. They’re the academics who first shocked the country in 2015 with a new study finding that the mortality rates of white people, particularly those without college degrees, had spiked, after nearly a century of sustained decline. Read Full Article »
What’s Killing the White Working Class?
In e
arly January last year, the Fox News host Tucker Carlson took to the airwaves with a 15-minute rant about the way that American capitalism was crushing families and decimating white working-class communities. He blamed small government conservatives and liberal elites alike for ignoring the economic cause of the collapse of the working class. Conservatives, he complained, blame the problem solely on the breakdown of the traditional family. “Like the libertarians they claim to oppose, many social conservatives also consider markets sacrosanct,” Carlson said. “The idea that families are being crushed by market forces seems never to occur to them. They refuse to consider it.”
His indictment of American capitalism went viral and set off a familiar, if heated, debate, mostly on the right, where conservatives weren’t used to hearing such an assault on free market economics from one of their own. Yet Carlson’s assessment was rooted in solid academic research. In fact, his monologue could have served as the prologue for Deaths of Despair, a new book written by the married Princeton economics duo Anne Case and Nobel Prize winner Angus Deaton. They’re the academics who first shocked the country in 2015 with a new study finding that the mortality rates of white people, particularly those without college degrees, had spiked, after nearly a century of sustained decline. Read Full Article »
His indictment of American capitalism went viral and set off a familiar, if heated, debate, mostly on the right, where conservatives weren’t used to hearing such an assault on free market economics from one of their own. Yet Carlson’s assessment was rooted in solid academic research. In fact, his monologue could have served as the prologue for Deaths of Despair, a new book written by the married Princeton economics duo Anne Case and Nobel Prize winner Angus Deaton. They’re the academics who first shocked the country in 2015 with a new study finding that the mortality rates of white people, particularly those without college degrees, had spiked, after nearly a century of sustained decline. Read Full Article »
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