NOBULL: Storybook Plutocracy — He sat up late on his front porch with a glass of Jack…
Storybook Plutocracy, By Thomas Frank
Posted on November 23, 2013 by Mike Callicrate
The Unwinding: An Inner History of the New America
Farrar, Straus & Giroux, 2013
November 21, 2013 — George Packer’s The Unwinding is a minor masterpiece of the social-disintegration genre—a beautifully written, clinically observed story of the slow-rolling economic transformation that has, over the last 30-odd years, made vast parts of America into a destitute wasteland while lifting a fortunate few to a kind of heaven on earth. Following the lives of a handful of characters, Packer manages to bring together such varied phases of the disaster as the deindustrialization of Youngstown, Ohio, and the epic boom and bust in Florida real estate—he takes us, in other words, from a landmark disaster of the Carter years to a vision of bony cows wandering among abandoned suburban houses during the Obama administration. He tells us what life is like on an auto-parts assembly line; how money gets its way in Washington; and what it sounds like when a Tea Party leader contrives to kill a public-works proposal that would put her unemployed engineer husband back to work.
The book is intimate with failure but also with the libertarian ebullience felt by society’s winners. It presents an astonishing cast of characters: desperate Wal-Mart associates; firsthand observers of Wall Street’s political power; billionaire TV talkers convinced of the righteousness of the self-help gospel. Weirdly, just about everyone in the book seems to lose money in real estate. But for all their misfortunes, Packer’s people are never hopeless; they are strivers and activists and self-taught prodigies who have figured it all out—or who think they have figured it all out. Here, for example, is Packer’s description of how, after nursing quiet misgivings about the great American FUBAR, a North Carolina truck stop owner came to an epiphany one night:
He was seeing beyond the surfaces of the land to its hidden truths. Some nights he sat up late on his front porch with a glass of Jack and listened to the trucks heading south on 220, carrying crates of live chickens to the slaughterhouses…MORE