The G-20 meeting was marked by self satisfaction—the world’s leaders took turns congratulating themselves for having averted a global collapse. Apparently there is now no need for new major structural reforms.
Big business, rejoicing in this outcome (which means that it has successfully blunted any popular efforts to transform the economic system), understands well the consequences of its victory: a future of poverty, insecurity, and homelessness for many. And it is well prepared for it:
American Girl, best known for their high quality, ethnically diverse dolls representing various periods in American history, has just introduced a “limited edition” doll representing the plight of the homeless. The back story of the “Gwen Thompson” doll is that she lives in a car with her mother; the actual doll with the accompanying paperback book retails for $95, accessories not included.
One can only wonder what accessories will be available for purchase. One doesnt have to wonder about the kind of class society big business is counting on.