Jeff Haanen

Articles Tagged with

deaths of despair

""/
CultureEconomyWork

Why “Deaths of Despair” Point to a Crisis for American Capitalism

 

There may be no issue that bothers my conscience more in American public life than this one. Watch the video below. The Wall Street Journal reports:

“Two Princeton economists are sounding off on what they consider to be warning signs of a crisis of American capitalism.Prof. Anne Case and Nobel Prize-winning economist Angus Deaton see increases in suicides and other “deaths of despair”—particularly among middle-aged, white Americans—as a sign that “something is not right,” with society.If we can only generate good lives for an elite that’s about a third of the population, then we have a real problem.’”

 

“In the video above, they argue that it’s not simply a function of economics. It’s a ‘failure of spiritual and social life that drives people to suicide,’ Mr. Deaton says.”

Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Youtube
Consent to display content from - Youtube
Vimeo
Consent to display content from - Vimeo
Google Maps
Consent to display content from - Google
Spotify
Consent to display content from - Spotify
Sound Cloud
Consent to display content from - Sound