Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Clouds Passing

(3,384 posts)
22. Ok, Noam Chomsky's interpretation of what Geenspan said
Tue Dec 10, 2024, 04:27 PM
Dec 10

“This idea is sometimes made quite overt. So when Alan Greenspan was testifying before Congress in 1997 on the marvels of the economy he was running, he said straight out that one of the bases for its economic success was imposing what he called “greater worker insecurity.” If workers are more insecure, that’s very “healthy” for the society, because if workers are insecure they won’t ask for wages, they won’t go on strike, they won’t call for benefits; they’ll serve the masters gladly and passively. And that’s optimal for corporations’ economic health. At the time, everyone regarded Greenspan’s comment as very reasonable, judging by the lack of reaction and the great acclaim he enjoyed. Well, transfer that to the universities: how do you ensure “greater worker insecurity”? Crucially, by not guaranteeing employment, by keeping people hanging on a limb than can be sawed off at any time, so that they’d better shut up, take tiny salaries, and do their work; and if they get the gift of being allowed to serve under miserable conditions for another year, they should welcome it and not ask for any more. That’s the way you keep societies efficient and healthy from the point of view of the corporations. And as universities move towards a corporate business model, precarity is exactly what is being imposed. And we’ll see more and more of it.”

https://www.counterpunch.org/2014/02/28/on-academic-labor/

Alan pretty much as said such but not in the exact words I posted.

Recommendations

1 members have recommended this reply (displayed in chronological order):

If a third grader can... [View all] onecaliberal Dec 9 OP
Truth sheshe2 Dec 9 #1
Good one. JohnnyRingo Dec 9 #2
ADD homegirl Dec 9 #3
According to some here, that's celebrating a murder Mr.WeRP Dec 9 #4
No, it is not... GiqueCee Dec 9 #5
The cartoon is not an opinion. onecaliberal Dec 9 #8
1000% Mr.WeRP Dec 9 #9
Fact of life in the USA Hope22 Dec 9 #12
Leading cause of death for children. onecaliberal Dec 9 #14
Heartbreaking! Hope22 Dec 9 #15
Daaayum! n/t J-9 Dec 9 #6
Yep malaise Dec 9 #7
And the third grader is completely innocent! AKwannabe Dec 9 #10
and before you laugh Emile Dec 9 #11
The artist on BlueSky Grokenstein Dec 9 #13
Important! Godot51 Dec 10 #16
This is the way people feel. We are extremely exhausted from the self-appointed elite Clouds Passing Dec 10 #17
Never said it TheProle Dec 10 #20
Ok, Noam Chomsky's interpretation of what Geenspan said Clouds Passing Dec 10 #22
Poignant. Ruby the Liberal Dec 10 #18
WOW! Sogo Dec 10 #19
Unfortunately, yup. Magoo48 Dec 10 #21
Latest Discussions»General Discussion»If a third grader can...»Reply #22