Sailer In TAKIMAG: Debt Peonage in 21st Century America
July 05, 2017, 08:31 AM
Print Friendly and PDF

From my new column in Taki’s Magazine:

Haul of Injustice, by Steve Sailer, July 05, 2017

Peonage, in which workers are bound to their jobs by debts to their employers, is a traditional curse of Latin American cultures. Perhaps inevitably, as the United States merges demographically with Mexico, Latin-style economic arrangements have been reemerging in the United States.

For example, over the past decade at the enormously lucrative port of Los Angeles/Long Beach, through which much of the country’s Chinese-made imports enter, a form of debt bondage has emerged among short-haul truckers that sounds like something from a 1940s Tennessee Ernie Ford song about how “I owe my soul to the company store.” It’s kind of like being an Uber driver if you bought your ride from Uber for six figures.

… Obviously (although, oddly enough, controversially), increasing the supply of potential truck drivers through immigration bids down their pay. More subtly, Mexican and Central American workers tend to be relatively easy to fool and exploit through complex contracts, which helps explain their popularity with American elites.

Read the whole thing there.

[Comment at]

Print Friendly and PDF