Jason Bellini of the Wall
Street Journal interviews Princeton economists Anne Case and Angus Deaton,
who observe that white American suicide rates have increased since 1999. During
the same time period, suicide rates have
not increased in Europe, and they have not increased among African
Americans. However, suicide rates have long been higher in many countries, including Finland and Japan.
The two biggest demographic
segments affected by increasing suicide rates are the Southwest-and-Rocky
Mountain region, which is among the more individualistic regions, and Americans without
a college degree, who are twice as likely to commit suicide than Americans with
a degree.
Case and Deaton’s explanations don’t
much extend the 125-year-old work of Emile Durkheim in his book Suicide. For instance, they observe that increased
individuality, especially in religion, may be associated with suicide, although they find no hard statisical evidence of a relationship. Durkheim found that education raises suicide
rates; perhaps increased education rates, short of college graduation, are
having the reverse effect of what Case and Deaton claim.
Durkheim, offered an explanation of
suicide in addition to individualism and education: Increased social control. According to Business
Insider, the countries with the highest suicide rates in 2014 were Lithuania,
South Korea, Belarus, Kazakhstan, Russia, China, India, Sri Lanka, Japan,
Hungary Latvia, Ukraine, Moldova, Slovenia Finland, and Belgium. France has a
higher suicide rate than the US. These high-suicide rate countries are not characterized by individualism but rather by
informal or authoritarian collectivism. Hence, Case and Deaton’s claim that the
rise in suicide rates is due to the US’s lack of Finnish or French dirigisme
appears ideologically motivated.
Case and Deaton emphasize the lack
of economic opportunity that has evolved since 1971, when the Federal Reserve
Bank’s pure paper money system facilitated enhanced subsidization of the
financial and computer technology industries.
Access to credit has been diverted from rural America to select, elite
industries, and rural areas have been starved of credit. As well, American
banks have subsidized plant relocations to China, and the Chinese provinces
currently owe one trillion dollars to them.
These government policies have reflected elite interests.
It is not American free market capitalism that has been hard on workers, as
Case and Deaton seem to claim, but American progressivism and government
intervention, which have amounted to a
nonstop welfare-and-bailout program for billionaire donors to Princeton University.
Rather than emphasize declining opportunity
for self-actualizing entrepreneurship due to the increased involvement of
government in the economy since the 1960s and relentless Fed subsidization of
Wall Street, Case and Deaton emphasize the lack of a European-style welfare
state even though socialist countries dominate the list of high-suicide-rate
countries.
Rather, it may be that Americans, who prefer individualism and
self-actualization, have been increasingly stifled by the Great Society policies beloved by the Princeton elite.
Case and Deaton note that life expectancy has
been declining for the past two years, and that this may reflect underlying
trends that may result in a Constitutional crisis. Maybe so, but the
reaction of the rural, white population to declining opportunity has been
different from what Case and Deaton advocate. Rural Americans voted for Donald
Trump, who has deregulated industry and taken other steps to increase economic opportunity. Belorussian policies don't seem high on the priority list of rural Americans.
No comments:
Post a Comment