Some political effects of the rise of 'bullshit jobs'
The financialisation of major economies since the '80s has radically changed the terms for social movements everywhere. How does one organise workplaces, for example, in societies where up to 40% of the workforce believe their jobs should not exist? David Graeber makes the case that, slowly but surely, a new form of class politics is emerging, based around recognising the centrality of meaningful 'caring labour' in creating social value. He identifies a slowly emerging rebellion of the caring classes which potentially represents just as much of a threat to financial capitalism as earlier forms of proletarian struggle did to industrial capitalism.