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> The decline of manufacturing EMPLOYMENT (not value created) is also a big part of this. I read a paper that said value created down everywhere except compute
by Gibbon1 7y ago
> The decline of manufacturing EMPLOYMENT (not value created) is also a big part of this.
I read a paper that said value created down everywhere except computer equipment. And even then that's probably an accounting fiction. The US is employing less people in manufacturing and we're making less stuff across the board.
The US makes me think of a description by a GI of a German Army surrendering at the end of WWII. First there was the top echelons, generals, their staff. Along with their wives and mistresses. Followed by the troops and equipment assigned to protect HQ. All in a state of perfect order. Followed by a rump army of totally broken men. And then nothing.
If you occupy the right position in US society you can believe everything is fine. If your a smart kid from a formerly working class family in Ohio, you know by the age of 12 that you need to escape.
- restalis 7y ago"If you occupy the right position in US society you can believe everything is fine. If your a smart kid from a formerly working class family in Ohio, you know by the age of 12 that you need to escape." But that's... common sense for ambitious people to dream then (at least attempt to) "escape" to a greener pasture. That's how things rolled since the dawn of humanity. What's really different here/now?
- cambalache 7y agoNothing,the same way than current teenagers are not better or worse than any previous generation. All of this is just a healthy mix of recency bias and narcissism.
- Gibbon1 7y agoI think the difference between you and I is I was teenager in the 1970's
- cambalache 7y agoSo 10 years, modern humans are 200k years old.