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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThis is Your Capitalism at Work
Submitted by Paul Craig Roberts on December 7, 2015 - 4:25pm
Zero Hedge reported a story from Keep Talking Greece that first appeared in The Times
According to the story, the plummeting living standards forced on the Greek people by German chancellor Merkel and the European banks have forced large numbers of young Greek women into prostitution. The large increase in the supply of women offering sexual services has dropped the price to 4 euros an hour. Thats $4.24, enough for a cheese pie or a sandwich, the value that bankster-imposed austerity has placed on an hours use of a womans body. The half hour price is $2.12. They dont even get the minimum wage.
When one reads a story such as this, one hopes it is a parody or a caricature. Although the London Times has fallen a long way, it is not yet the kind of newspaper that can be purchased at grocery store checkout counters.
The story gains credence from the websites in the US on which female university students advertise their availability as mistresses to men who have the financial means to help them with their expenses. From various news reports, mistress seems to be a main occupation of female students at high-cost universities such as NYU.
The NYU girls have it far better than the Greek ones. The mistress relationship is monogamous and can be long-lasting and loving. Prudes make an issue of the disparity in ages, but disparity in age was long a feature of upper class marriages. Prostitutes have large numbers of partners, each possibly carrying disease, and they receive nothing in return except cash. In Greece, if the report is correct, the payment is so low that the women cannot survive on the money beyond lunchtime.
This is capitalism at work. In the US the hardship comes from escalating tuition costs, with 75% of the university budget spent on administration, rather than on faculty or student aid, and from the lack of jobs available to graduates that pay enough to service the student loans. These days your waiter in the restaurant might be an adjunct or part-time university professor hoping to get a full-time job as an actor. As mistresses, the NYU girls will be doing better.
From: The Economic Populist
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This is Your Capitalism at Work (Original Post)
Warren Stupidity
Dec 2015
OP
The 1% wants desperate workers, so in their twisted minds things are working out OK.
Scuba
Dec 2015
#1
Thanks for posting about the abysmal existence so many are living under worldwide
appalachiablue
Dec 2015
#2
Scuba
(53,475 posts)1. The 1% wants desperate workers, so in their twisted minds things are working out OK.
appalachiablue
(41,147 posts)2. Thanks for posting about the abysmal existence so many are living under worldwide
because of neoliberal economic excess and cruelty. The state of West Virginia has more strip clubs than anywhere else in the US.