In the Spring number of DISSENT Lewis Coser wrote:
Granted that we are not soon likely to repeat the catastrophe of the 1930’s. Yet what matters for an understanding of the mood of the nation is the fact that hundreds of thousands of people, perhaps millions, cannot be sure that they will be working next month; that many more can be sure they will not be working full weeks; that slowly the prospect of pink slips and grey faces seems real again. No one wants it; everyone dreads it; but … there is a strong feeling in the air that once again we are being shaped by those mysterious forces of capitalist society which can bring misery or sometimes plenty, but never a sense of human autonomy and decision.
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