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The lesson here is you can never really predict what will happen. This is important to remember when people make any predictions, particularly for doom and gloo
by jmyeet 5y ago
The lesson here is you can never really predict what will happen. This is important to remember when people make any predictions, particularly for doom and gloom scenarios.
Take the Black Plague, which killed an estimted 25-50% of the population of Europe. For those lucky enough to survive this was a huge boon for workers rights and wages [1].
There have no real increase in worker wages in 40 years [2]. The pendulum swings back and forth on any issue and we've swung too far towards unbridled capitalistic exploitation (IMHO). Labor organization (ie unions) led to things like a limited work week, safety in the workplace and so on. The flipside of that was corruption, resistance to change and so on. But ever since the farce of the Reagan trickle-down economics era, worker conditions have gotten increasingly worse (relatively) while the accumulation of wealth at the top is absolutely unprecedented.
So Covid has killed millions and this is of course tragic. But who knew that this would be the catalyst for the first real increase in wages in decades and the ability to redefine the outdated in-person work that wastes so much time on money on pointless commutes?
I'm glad that something good is coming out of this.
[1]: https://en.wikipedia.org/wiki/Consequences_of_the_Black_Death#:~:text=If%20workers%20attempted%20to%20leave,end%20of%20the%2019th%20century https://en.wikipedia.org/wiki/Consequences_of_the_Black_Deat....
[2]: https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/ https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us...