3 ms·
>Now, The Asset Economy presents hard new evidence for a disgusting truth: that wage labor is a scam. This is, and has been, the truth since forever. There wa
by mywittyname 5y ago
>Now, The Asset Economy presents hard new evidence for a disgusting truth: that wage labor is a scam.
This is, and has been, the truth since forever. There was never an era when you could get rich selling your back. Never. The best you could hope for was comfort. Anyone who says differently is glamorizing a past that they didn't live in.
Pretending that every boomer had a good union job is like pretending every millennial is a tech-bro with a six figure job and RSUs out of college. Younger boomers struggled. There was loads of social strife in the 70s as they came of age. They became adults in a world of massive inflation, war, and a general feeling of everything being awful.
That house they bought so cheap in the 80s came with a mortgage with double digit interest payments. That pension they had was probably gutted at several points by terrible business people. They faced challenges, much like we do. And they had their fair share of wealthy layabouts, much like we do.
- fallingfrog 5y agoAll true, but inequality is dramatically and measurably worse now than it was then, and the costs of things like education and healthcare were much lower.