For a quick look at what life is like after neoliberalism has done its terrible magic (removed or damaged the teeth of the multitude, the workers of the world), I offer this passage, which is from this important article in Foreign Affairs ("Why the Rich Get Richer")
It is generally presumed that economic forces alone are responsible for this astonishing concentration of wealth. Technological changes, particularly the information revolution, have transformed the economy, making workers more productive and placing a premium on intellectual, rather than manual, labor. Simultaneously, the rise of global markets — itself accelerated by information technology — has hollowed out the once dominant U.S. manufacturing sector and reoriented the U.S. economy toward the service sector. The service economy also rewards the educated, with high-paying professional jobs in finance, health care, and information technology. At the low end, however, jobs in the service economy are concentrated in retail sales and entertainment, where salaries are low, unions are weak, and workers are expendable.
With this in mind, let's turn to what capital's publicity machine is pushing as bright news for the unemployed and underemployed citizens of the richest country on earth:
(CNNMoney) Dollar General plans to create 6,000 new jobs in the next year, the discount retailer said Monday.There you have it. Poor parents and their children will fiercely compete for these precarious jobs.
The increased hiring is part of Dollar General's (DG, Fortune 500) plan to open 625 new stores during the year, the company said in a statement.
The retailer said the hiring is the latest phase in its ongoing expansion. Dollar General will have created more than 15,000 new jobs from 2009 to 2011, the company said.