19/03/2022
" It’s hard to imagine ever having been unaware of the concept of bu****it jobs, but David Graeber made it official and helped us understand their role in our economy. Bu****it jobs are not necessarily s**t jobs, nor are they low wage jobs, or dirty jobs. Bu****it jobs are those that are meaningless. The person doing the bu****it job doesn’t believe the work actually needs to get done.
This week’s guest, Erik Dean, has studied the nature of modern jobs within money manager capitalism. He points out that bu****it jobs aren’t just a product of neoliberalism:
“Speculative business and these labor hierarchies of the people with secure jobs versus the precariat … those things have been around. and it’s not even necessarily part of capitalism. This is one reason it’s good to read Thorstein Veblen, because, in an anthropological sense, he takes it back to prior to capitalism. It’s not like we didn’t have hierarchies before capitalism. It’s not like we didn’t have power and it’s not like we didn’t have bu****it jobs. What the hell is a court jester? It’s a bu****it job to entertain the king or whatever.”
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Erik Dean talks with host Steve Grumbine about the role of bu****it jobs within money manager capitalism.