Wealth inequality is literally killing us. The economy should work for everyone.

This economy has us in survival mode, stressing out our bodies and minds.

ALISSA QUART: So, for some of the people I interviewed in 'Squeezed', when they were going through economic hardship they'd get sick physically, they would be psychologically troubled, they'd have to go on anti-anxiety medications—sometimes they wouldn't even have healthcare so that would be an added expense, and some of the subjects might experience something called 'decision fatigue' where they'd be unable to make decisions or choices in their lives—basic choices—because they've been so overwhelmed by the feeling of economic uncertainty. They were thinking constantly "How do I survive?" rather than "How do I lead a better life?" or "How do I get my kid on the best course?" And so that's commonplace, just that overwhelmed aspect when you don't have resources. That's all you're thinking about.

One of the challenges for people seeking employment in a gig economy is that they're disposable; they can always be replaced by somebody else, they may not have relationships with another human being at Uber or at Lyft, whatever. Supposedly it's this idea of independence, but it's often in fact this kind of free-floating quality where they're not clearly connected to a boss or colleagues. And I think that can be really dangerous, because then these peoples' experiences are not humanized to the people who are hiring them, they're just cogs in wheels, and we should really start thinking about that because I think it can be really debilitating. I talk about teachers who drive Uber in a chapter, and I think for many of them they were recruited by the company. They had a motto four or five years ago: "Uber—teachers driving our future." So teachers and nurses were attractive to Uber simply as middle class icons, but they weren't attractive enough to the people in their community who they were teaching or the politicians in their community to give them a wage so they wouldn't have to drive Uber on the side. So to me that's one of the dangers of the gig economy too, that the formally middle class can be used just as a symbol and a kind of respectability that they can be offering these companies while they're kind of riffling through these once-stable professions for solid people that they can exploit.

Many of the people I wrote about are not in organizations or even in corporations or contingent, which means that they work part time, on contracts, they work gigs, which is now a huge amount of the population, or they work too-few hours to be counted as employees. So I'm not sure it becomes an organizational thing most of the time, but in terms of what we're doing at Economic Hardship Reporting Project we're trying to pay journalists who have fallen on hard times a dollar a word plus expenses. And that's just like one small way to keep them afloat. We have people writing for us who were living without heat, on food stamps, on government medical care, they were really struggling, and this is one thing that I've noticed has been interesting lately—I call them sort of white collar alt-labor, this is like white collar unions, almost, for journalists, for other employees in the past who're not necessarily unionized freelance journalists. And what we're doing is part of that, but there's all sorts of other things cropping up. There are collectives for caregivers that I've written about, so they're sort of working together, they're owning the apps where they rent out—where they try to get customers for housecleaning or nannying. And so I think, what can organizations do? Organizations can try to empower their poor workers by giving them resources, both economic and from the companies themselves—for instance, like an app that they themselves would own a part of rather than just simply the company owning the app and the worker just this teeny piece of teeny "task rabbit", they would instead be a part of the app.

Cooperatives is another way I think that we can start to think about that, especially web-based cooperatives. That's becoming really important given the concentration of wealth where we have a teeny number of people owning these companies and just hundreds of thousands of people working for them driving Uber, cleaning houses, et cetera. We can start talking about people owning a share of the digital economy and the gig work that they're doing.

  • Economic hardship is linked to physical and psychological illness, resulting in added healthcare expenses people can't afford.
  • The gig economy – think Uber, Lyft, TaskRabbit, Handy – is marketed as a 'be your own boss' revolution, but it can be dehumanizing and dangerous; every worker is disposable.
  • The cooperative business model can help reverse wealth inequality.

The information arms race can’t be won, but we have to keep fighting

The tactics that work now won't work for long.

Politics & Current Affairs

Arms races happen when two sides of a conflict escalate in a series of ever-changing moves intended to outwit the opponent.

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10 excerpts from Marcus Aurelius' 'Meditations' to unlock your inner Stoic

Great ideas in philosophy often come in dense packages. Then there is where the work of Marcus Aurelius.

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Personal Growth
  • Meditations is a collection of the philosophical ideas of the Roman Emperor Marcus Aurelius.
  • Written as a series of notes to himself, the book is much more readable than the dry philosophy most people are used to.
  • The advice he gave to himself 2,000 years ago is increasingly applicable in our hectic, stressed-out lives.
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What if all humanity had to do to save itself was listen?

By working together, and learning from one another, we can build better systems.

  • Many of the things that we experience, are our imagination manifesting into this physical realm, avers artist Dustin Yellin.
  • People need to completely rethink the way they work together, and learn from one another, that they they can build better systems. If not, things may get "really dark" soon.
  • The first step to enabling cooperation is figuring out where the common ground is. Through this method, despite contrary beliefs, we may be able to find some degree of peace.