... beginning in the 1970s, the economic ground underneath this landscape began to come apart. Michael Lind explains this better than anyone else:
The strategy of American business, encouraged by neoliberal Democrats and libertarian conservative Republicans alike, has been to lower labor costs in the United States, not by substituting labor-saving technology for workers, but by schemes of labor arbitrage: Offshoring jobs when possible to poorly paid workers in other countries and substituting unskilled immigrants willing to work for low wages in some sectors, like meatpacking and construction and farm labor. American business has also driven down wages by smashing unions in the private sector, which now have fewer members—a little more than 6% of the private sector workforce—than they did under Herbert Hoover.This was the tinder. The tech revolution was the match—one-upping the ’70s economy by demanding more efficiency and more speed and more boundarylessness, and demanding it everywhere. They introduced not only a host of inhuman wage-suppressing tactics, like replacing full-time employees with benefits with gig workers with lower wages and no benefits, but also a whole new aesthetic that has come to dominate every aspect of our lives—a set of principles that collectively might be thought of as flatness.
Flatness is the reason the three jobs with the most projected growth in your country all earn less than $27,000 a year, and it is also the reason that all the secondary institutions that once gave structure and meaning to hundreds of millions of American lives—jobs and unions but also local newspapers, churches, Rotary Clubs, main streets—have been decimated. And flatness is the mechanism by which, over the past decade and with increasing velocity over the last three years, a single ideologically driven cohort captured the entire interlocking infrastructure of American cultural and intellectual life. It is how the Long March went from a punchline to reality, as one institution after another fell and then entire sectors, like journalism, succumbed to control by narrow bands of sneering elitists who arrogated to themselves the license to judge and control the lives of their perceived inferiors....