Conservative organizer Friedrich Hayek famously, counterintutitively predicted that democratic Enlightenment and egalitarianism would restore serfdom. However, in our less enthralling, dog-bites-man history, financialized global capitalism restored serfdom instead.
Partly, as the capitalist economic coordination organizations (World Bank) like to point out, that is the cost of recycling wealth to China and India, which have been serving as the global factory. Partly, that is the cost of building up the astronomical fortunes and exclusive sovereignty of a restored, and slightly more global patrimonial capitalist class.
Class War Brings Commodified Life…
…Paid for with Credit in Lieu of Income.
not including mortgage debt (presuming mortgages debts converts into private wealth at some point), US data.
From the 1970s on, Anglosphere Rentier Capitalism Busts Out, EZ Credit Permits Housing Prices to Balloon, and Household Debt Balloons
Blue (below) is household debt, from the 1920s-2010s.
…Then, Fed on Credit Not Income, the US Working Class Hemorrhages Wealth in the 21st Century
After housing asset inflation, student & car loans expand.
The American Working Class Lives in Debt Serfdom, Loses Wealth, so that China Can Develop & Global Capital Can Accumulate
Suffering and Dying in 21st Century American Serfdom
One way of recognizing the impact of this global capitalist macro social construction is in its effects on working class people’s life chances. As working class people are in the majority, their suffering impacts population health statistics.
Regardless of current racial composition, former slavery counties continue to maintain inegalitarian slavery institutions, facilitating elite prosperity on the back of mass human stunting. The map below shows the bifurcating distribution, in the US, of declining (green) and increasing (pink) mortality in the 21st century. This is to say that life expectancy is declining in the pink zones.
The orange and blue map below shows the distribution, within the US, of the “hardest places to live” (in orange). Easier living is found in the darker blue counties. The “hard places” index was constructed from data on each county in the United States on education (percentage of residents with at least a bachelor’s degree), median household income, unemployment rate, disability rate, life expectancy and obesity.
By comparing the above life-chances distribution maps to the green map below, we can note the correlation between white evangelical Christianity (light green) as a sacralized organization (associated with inegalitarian slavery culture) and crappy life chances. White evangelical Christians are just a-passin’ through this world–all rough ‘n’ tumble-like.
Women’s health is taking a hard hit with the restoration of class inequality within the US. The chart below shows the high and increasing rate of maternal mortality in the US, compared with other core capitalist countries.
Maternal Deaths per 100,000 live births
While life chances have always been distributed by race, gender and class in the US, aggregate life expectancy has begun to gradually decline in the 21st century US. “Life expectancy in the United States has declined for a second year in a row, driven in large part because increasing numbers of Americans are dying from drug overdoses, suicides and chronic liver disease, according to a new report by the Centers for Disease Control and Prevention (CDC). A baby born in 2016 can expect to live 78.6 years, which is down from 78.7 years in 2015 and 78.9 years in 2014.”–Susan Perry, US Minn Post.