Harsh Puerto Rico Austerity; Malcolm Gladwell and Politics of Disposability
Puerto Rico Proposes Harsh Austerity To Solve Debt Crisis. The government of Puerto Rico put forward an official plan on Wednesday to tackle its looming $72 billion debt crisis. In exchange for demanding some concessions from the island’s hedge fund creditors, the government is promising to pay workers less than the minimum wage, slash retirement benefits, limit collective bargaining, cut funding to universities, and shut down more K-12 schools.
Hurricane Katrina, the Politics of Disposability and the Racial Insensitivity of Malcolm Gladwell. The neoliberal shill Malcolm Gladwell reached a new low in arguing that Hurricane Katrina provided new opportunities for many of the poor blacks involuntarily displaced by the storm.
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