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"We are well past the point where people in rich countries could earn middle class lives if incomes were distributed equally." This article seems to be talking
by jimrhods23 8y ago
"We are well past the point where people in rich countries could earn middle class lives if incomes were distributed equally."
This article seems to be talking about incomes being distributed equally with no explanation as to who will be doing the work.
If work effort doesn't matter, then I will just stop and collect my money...and within a few short years, more people will do this, and we will no longer have $160,000 to split because productivity will be destroyed and overall GDP will decrease.
We will never be in a post-work world because someone will always have to do the work.
"That is why we are seeing yesterday’s careers going up in smoke"
This is completely expected as we've had major advancements in the last few decades. When I was in college, you couldn't get a full-time job in social media.
"Gigs replacing jobs"
I'm not really seeing this. Unless you want to work for Uber/Lyft or a small amount of companies that offer gigs.
Gigs are actually a way for more people to earn money. As an example, we used to have a small pool of people making an average living as a taxi driver. Now with the gig economy, we have a much bigger pool of people making a smaller amount of money.
Many people are under the impression that by forming a union, all of these people will make the same living as a Taxi driver did in the past. The reality is that there will be more restrictions imposed on a potential employee and there will now be a much smaller group of people making more money.
The result is that more people will not be able to make any money at all, rather than having at least an opportunity to make a supplemental income.
Gig jobs were never meant to support an entire family or even one person. Could it? Sure, but it's not really the responsibility of the company owner to make sure that it happens.