3 ms·
People feel like they need to get a degree nowadays because it's seen as the only path available to get a good, stable career. We've shifted to a "service econo
by TheAdamAndChe 10y ago
People feel like they need to get a degree nowadays because it's seen as the only path available to get a good, stable career. We've shifted to a "service economy," which is just a fancy way of saying all of the jobs where people had leverage and unions were shipped overseas in order to benefit the capital owners. Intense specialization is now required to help those people and companies who won the globalization game to get richer. Those who are unable to specialize will continue to face a shrinking quality of life.
I see two options available to us: Either we restrict globalization to increase demand for lower-class labor(which would then create Unions, increase consumer spending, lower inequality) or we can introduce universal basic income(which would at least let the lower class survive while their jobs continue to be outsourced). Either way, there will be stiff opposition from the major corporations, and thus the politicians will fight against it.