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"It was a generation ago, you would work for "the company" until you were 65. And they would give you gold wrist watch on the day you retired." But do you real
by ucaetano 10y ago
"It was a generation ago, you would work for "the company" until you were 65. And they would give you gold wrist watch on the day you retired."
But do you realize that this model lasted for about a generation, and only a small % of the world population (probably <5%) benefited from it? There's more to the world than the European and American middle class. That is irrelevant in the long term.
- bogomipz 10y ago>"There's more to the world than the European and American middle class" Did you read this article? Its exactly about the European middle class! One of the reasons these types of stories have been such a part of the news cycle lately is precisely because it is effecting the once safe middle class in both America and Europe. Also why is the fact that it lasted a generation relevant? We are always guided by our recent history. Things like education, retirement, labor polices are all "informed" by our recent history.