The Underestimated “Price of Parenting”
Even a low-ball estimate of the cost of time shows just how misleading an estimate based only on money expenditures really is.
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(1) March on Washington anniversary: A few items on today's 50th anniversary of the 1963 March on Washington for Jobs and Freedom:
(2) Bullshit Jobs: Speaking of jobs, David Graeber had an interesting piece at Strike! magazine called On the Phenomenon of Bullshit Jobs. Yves Smith at Naked Capitalism had a critique of Graeber, in a post called The Rise of Bullshit Jobs. And there was a piece at the Economist also critiquing Graeber, On "bullshit jobs". Graeber's basic idea is that in place of Keynes' prediction that labor-saving devices would reduce the working day/week (at least for people in the United States and Europe), we have instead seen the rise of lots of meaningless jobs, some well paid (consultants), some low-level and low pay (telemarketing). Yves Smith had a subtle critique--a lot more thoughtful, of course, than the one in The Economist, but lots of members of the NC commentariat took her to task, and there was a lively discussion on the whole. Some of the debate hinged on whether the jobs in question were useless entirely or "just" socially useless--telemarketers are doing something that is useful to their employers, after all. I posted a comment there (something I don't do too often) linking Graeber's idea to the one Michael Perelman made in his article for D&S, The Rise of Guard Labor. Perelman's focus is on jobs whose only purpose is to allow capitalists to "protect their commodities, including the goods and premises they own, but especially the labor-power in their employ." Anyhow, the debate at NC is worth taking a look at.
That's it for now--we are in the midst of layout for our annual Sept/Oct labor issue.
--Chris Sturr