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"As a result, most of the work force is in low-productivity jobs" Most of the workforce are in pointless jobs that wouldn't be there but for the obsession with
by neilwilson 9y ago
"As a result, most of the work force is in low-productivity jobs"
Most of the workforce are in pointless jobs that wouldn't be there but for the obsession with the false notion that "the private sector creates jobs".
We can create all we need and grow all required with about 20% of the manpower. By definition the private sector destroys jobs with innovation and automation. That is its purpose.
The problem is that the power has shifted to corporations and away from the population since the 1970s. That power results in moribund governments and a system of oppression that ensures there are always fewer jobs available than people that want them.
A perfect system of control for a nation based upon the idea of excessive individualism, that has made it trivial to divide and conquer.
But, as the political scientist Mark Blyth puts it, the Hamptons are not a defensible position. Eventually they will come for you.