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Pauline von Hellermann
@pvonhellermannn@mastodon.green  ·  activity timestamp 3 weeks ago

#FollowTheMoney 🧵76/n i have just ordered the book - i really feel it’s so important to get a grounded, understanding of how this world that we bow all live in was created - and, as Melinda Cooper brings out so clearly: none of this was inevitable, it was all done, bit by bit, on purpose. This doesn’t make it any easier to undo necessarily but understanding all this is surely a first, key step.

Here also Katrina Forrster’s review in the LRB

https://www.lrb.co.uk/the-paper/v47/n12/katrina-forrester/i-appreciate-depreciation

London Review of Books

Katrina Forrester · ‘I appreciate depreciation’: Dynastic Capitalism

Austerity is a choice. The protection of the family at the expense of other ways of living is a choice. The transfer of...
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Pauline von Hellermann
@pvonhellermannn@mastodon.green replied  ·  activity timestamp 2 weeks ago

#FollowTheMoney 🧵77/n This piece really chimes with Melinda Cooper’s analysis ⬆️ (74-76) and many previous posts: it’s about how asset capitalism (and AI) is hollowing out the middle class, with a small number joining the elite, the rest working increasingly on close to minimum wages. Also speaks to my own recent experiences… and many others too, I imagine. Especially recent graduates. The whole university>white collar job>decent salary model is crumbling.

https://www.theguardian.com/commentisfree/2025/nov/03/the-guardian-view-on-britains-new-class-divide-the-professional-middle-is-being-hollowed-out?CMP=Share_iOSApp_Other

Screenshot of top of article

Opinion
The Guardian view on Britain's
new class divide: the
professional middle is being
hollowed out
Editorial
A micro-elite in finance and tech hoovers up talent
while white-collar jobs lose their lustre. A society
that rewards proximity to capital over contribution
risks rupture
+ Follow Editorial in My Guardian
(O))
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Mon 3 Nov 2025 18.49 GMT
Screenshot of top of article Opinion The Guardian view on Britain's new class divide: the professional middle is being hollowed out Editorial A micro-elite in finance and tech hoovers up talent while white-collar jobs lose their lustre. A society that rewards proximity to capital over contribution risks rupture + Follow Editorial in My Guardian (O)) Notifications off Mon 3 Nov 2025 18.49 GMT
Screenshot of top of article Opinion The Guardian view on Britain's new class divide: the professional middle is being hollowed out Editorial A micro-elite in finance and tech hoovers up talent while white-collar jobs lose their lustre. A society that rewards proximity to capital over contribution risks rupture + Follow Editorial in My Guardian (O)) Notifications off Mon 3 Nov 2025 18.49 GMT
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