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I totally get what you are saying. It's almost as if all the policy makers are heavily influenced by the demands of the capital, which always wants returns. Whi
by RestlessMind 4y ago
I totally get what you are saying. It's almost as if all the policy makers are heavily influenced by the demands of the capital, which always wants returns. Which means all the policies are geared towards maximizing gdp and ruthlessly pursuing efficiency.
While that sounds great in certain contexts, practically it leads to a workforce exhausted by hundreds of paper cuts (aka micro-optimizations), and people just want to collapse in front of TVs eating microwave'd food. No time for leisure or hobbies or dating or friends or family formation. You think this is hyperbole? Just think about optimization metrics at pretty much any economic sector. Gig economy (how to maximize tasks per worker per hour), E-commerce (hyper-efficient warehouse workers and delivery drivers), Tech (idolizing Musk and Musk-wannabes who want to get the same work done by 50% of the workforce), etc.
Something that makes life pleasant, relaxed and enjoyable is not contributing to GDP growth and will be optimized away in the current pursuit of every increasing profits. And while those profits might trickle down as higher salaries, that additional income will be consumed by artificial scarcity (aka inflated housing / medical / college prices).
Our economic system is fucked up! </rant>