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Well this is not new, and its in most cases its usually said by very UN-intelligent, or otherwise dubious individuals, often with a socialist slant, blaming cap
by _siis 4y ago
Well this is not new, and its in most cases its usually said by very UN-intelligent, or otherwise dubious individuals, often with a socialist slant, blaming capitalism for being incorrect which is immaterial to the issue because at its core this is an XY communication problem based on a false narrative.
If you want to get people to work, you have to compensate them appropriately, and not what you think is appropriate, but what they think is appropriate.
If you have a system that degrades wages (via currency regularly), and its increasing in velocity and you don't meet that, of course you will lose people because its more economic for them to grow their own food or do some other more productive effort.
What's sad is, there are many books that are well respected, that cover exactly what has and is happening, and they are willfully being ignored by the people that could make a change but don't.
Labor relations is not new subject material, anything that interferes increases costs, and if its not worth their time to do the work in the first place, workers won't do it because they have options and there are fundamental limits to how far wages can fall below their real productive value.
The Wealth of Nations by Adam Smith (1778) is just one such example, and the Wealth & Poverty of Nations by Landis, is another.
The majority of people these days are either adding to the noise, not addressing the problem, or are actively making it worse because they personally benefit from doing so at everyone elses expense.
Actually going out and doing something, is in the minority, because that's how most people alive today were raised, ideologically through the public school system.