Today’s New Class: The Precariat

Class consciousness is very important. It is something that Americans have long forgotten since the progressive movements of the 1930s. In the past we used to think of society as “the poor,” “the middle class,” and “the wealthy.” The middle class is increasingly disappearing and the new class most people find themselves in is the precariat. These are people who, with a simple job loss or medical crisis, can quickly become incredibly impoverished. Covid-19 has shown that most Americans can’t afford a crisis like a pandemic. In this Ted talk we learn more about the precariat and why we need massive economic reforms.