Saturday, September 29, 2012

Indispensable People

Once in a while, common sense is reflected in social scientific research.  According to an item in the Huffington Post this week, a new study finds that bosses tend to be less stressed than their employees.

Surprise, surprise.  Although the article avers that the Harvard study defies the “conventional wisdom” that greater pressures are part and parcel of the greater responsibility shouldered by our betters, those of us in the rank and file know better.

It all comes down to security and life chances.  It’s true enough that CEOs and managers lose their jobs every day.  It’s also unlikely that these people will spend much time unemployed.  Even if it takes longer than expected to land a new position, the superior compensation enjoyed by senior management, often sweetened with golden parachutes upon termination, soften the blow of being out of work.

Not so with most workers.  After thirty-some years of neoliberal economic policies, flat wage growth, offshoring, union-busting, and cuts to pensions and social programs, faced with the struggle to make ends meet and the threat of unemployment with only a badly frayed safety net to catch them when they fall, the American working class is beset with anxiety and feelings of helplessness bordering on Weltschmerz.   

This is to the advantage of employers, of course.  A fearful worker is a docile worker.  A large surplus labor pool, undereducated and fitted only for the deskilled service work of the postindustrial economy, keeps wages low and serves as an object example to anyone tempted to buck the system.  The widespread reliance on consumer credit to maintain the comfortable standard of living we all expect further serves to discipline the workforce by way of postmodern debt servitude.  It’s probably best not to mention the certain economic disaster lurking behind illness or accident even when the unfortunates are insured.  Too many of us go to work every day with the bleak knowledge that we are expendable hostages to misfortune.    

The underlying lesson of the Harvard executive stress study is clear and simple: In our free market system, some people are more indispensable than others.    

© 2012 The Unassuming Scholar

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