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Partially devil's advocate: Women not working en masse means single-income households as a norm, which means all the real economic value of someone staying at h
by quadrangle 11y ago
Partially devil's advocate: Women not working en masse means single-income households as a norm, which means all the real economic value of someone staying at home to take care of home issues and a general supply-and-demand situation where workers needed to be paid enough to make things work on a single income. Flood the market with twice as many workers, wages go down and the expectation becomes two-incomes, and thus people end up working harder (there's still work at home to do), but they aren't richer for it.
- ArkyBeagle 11y agoIMO, this was principally expressed in raised real estate price/value. Some of this is hedonic in nature; if you watch "Fargo" second season, you see in pretty good detail how people lived 35 years ago. I'm pretty sure this would be considered something much more like poverty now. Of course, I'd be ignoring any inflation in price of the homes shown, by design.