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Your notions of history are incorrect. There were certainly periods of deprivation, particularly after the Industrial Revolution and before the New Deal in the
by otakucode 9y ago
Your notions of history are incorrect. There were certainly periods of deprivation, particularly after the Industrial Revolution and before the New Deal in the US, but other than that, no, people were not owned so totally by their employers. They did not need to work as much to earn as little.
Between 1950 and 1980, the average wage of the lower 90% of the economy rose by 75%. Between 1980 and 2010, it rose by 1%. And during 1980 to 2010 we experienced the introduction of computers into the workplace. Average worker productivity skyrocketed at an absurd rate. Yet, every penny of that advancement and more was scalped by employers and shareholders. People are not being greedy in expecting more. They are intuitively sensing that they are being exploited more and more heavily every single year. No increase in productivity is ever reflected in increased earnings or free time or anything like that.
The notion of the New Deal was that 1 person working only 40 hours a week should be paid enough that they could raise an entire family on it comfortably. Do you think that could be done today? No, it couldn't. If you've got a couple kids, and you only have 1 40 hour job providing the income you are completely boned. You're poor. We have been racing backwards, and we have gained literally nothing for it.