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> we still have low unemployment We have more bullshit jobs than ever before in order to maintain that unemployment rate though
by bluefirebrand 3y ago
> we still have low unemployment
We have more bullshit jobs than ever before in order to maintain that unemployment rate though
- AnthonyMouse 3y agoThe bullshit jobs are allowed by automation, not required. If you had that many bullshit jobs in the old days, everybody would starve because there wouldn't be enough labor going to producing and distributing food. Many of the bullshit jobs are, in fact, destroying the cost/efficiency benefit of automation by imposing bureaucratic waste on things that would otherwise have become less expensive. If someone is doing a job which is useless, we could just give them a portion of someone else's productive work to do, have them each work less and reduce prices by the same amount and then average purchasing power would be the same but there would be less busy work and more recreation/creativity/entrepreneurship.
- lotsoweiners 3y agoYeah no one is going to reduce prices so what is your next hot take?
- AnthonyMouse 3y agoBig TVs used to be thousands of dollars, now they're $300. People used to pay money for long distance voice calls. 30 years ago 500GB of flash memory would have made you a millionaire, now it's less than $50. Prices come down when there is competition. Bullshit jobs are the inverse of this. Some large organization has insufficient competition so it can waste resources without losing business. The law is excessively complicated so everyone in the jurisdiction has to hire compliance bureaucrats. Government contractors and employees doing unnecessary work want to keep their jobs and legislators don't want to lose their votes/money. Then everybody has to pay higher prices because they don't individually have the choice to avoid it.