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[–]WickedWitchOfTheWest 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

The battle between the two Americas

In recent history, the United States has arguably never been so divided — but not in the way you might think. Yes, the country has been split by the culture wars, with their polarising focus on race and gender. But behind the scenes, another conflict has been brewing; shaped by the economics of class, it has created two Americas increasingly in conflict.

The First America is made up of the highly educated and affluent, who have already managed to recover their pandemic-depleted incomes. Its biggest winners, though, have been large tech firms — notably Facebook, Apple, Amazon, Microsoft and Google — who together have added more than two and a half trillion dollars to their valuation since 2019, and last year enjoyed record breaking profits.

In contrast, the Second America, made up of the working and private-sector middle classes, has been devastated by the pandemic, with more than half of small businesses unlikely to fully recover. Meanwhile, the expanding serf class, many of whom were employed in small businesses, has become increasingly dependent on handouts from Washington and bloated state governments, so much so that it has made little sense for many to go back to work.

At stake, increasingly, is the future of America as an aspirational country. Traditionally, the growing gap between the rich and the other classes would be fodder for a Left-wing bonfire, but the progressive Left now gets much of its funding from the corporate elite, notably Silicon Valley and Wall Street. The oligarchy not only funded Biden’s campaign, but, particularly in the case of Facebook’s Mark Zuckerberg, leant critical support to boost the November electoral turnout.

Taking on the oligarchy, therefore, has not been Biden’s priority, at least to date. Rather than focus on traditional working-class concerns, he has been swept up by the cultural memes of the HR departments, newsrooms and faculty lounges. The results have been all too predictable: draconian energy policies, the racialisation of education and support for public sector unions, the one arguably working-class bastion for the Democrats.