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Reply to "Sad commentary on the American way of life"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]FFS people. This has been studied extensively. The vast majority of people are in the whole b/c rising housing, education, and medical. Maybe they could save up $1K by returning to the 90s and forsaking a cell phone for a beeper. But what happens is they save that $1k, then it is seized for a medical debt. Bought goods are harder to seize, so by spending it, they get to ‘keep’ it. But they are on the edge to begin with b/c housing, medical, and education. And I agree, lack of unions goes right along with that. [/quote] Real wages have been stagnant since about 1972. [/quote] And jobs continue to be replaced by technology. It seems like the goal of every business is to eliminate labor costs. That means the most successful business are the ones that either don't hire people or can get way with paying next to nothing. This is a big part of why wealth is concentrated in the few at the top. It is what caused the crisis in farming and cities that grew out of the auto industry. So the question is, what happens to the masses of people who used to be that labor and who's lives depended on those jobs? You say 'go into tech,' but the whole point of tech is that it eliminates the need for people, so that answer only works for a small fraction of the people left behind. What about the rest? How do we create livable wage work for people in an age of machines? Can success be redefined as enterprises that make life livable or even good for the greatest number of humans, instead of enterprises that create one or two multi-billionaires and leave a wake of poverty and distress behind them?[/quote]
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