4 ms·
I was with you until the assumption that more people are earning more in other sectors. 1) they are often not the same populations of people and 2) many people
by bumby 1y ago
I was with you until the assumption that more people are earning more in other sectors. 1) they are often not the same populations of people and 2) many people are also making much less in the low-wage service economy when they would have had middle class wages in manufacturing in previous generations.
- sorcerer-mar 1y agoThe answer to this is unions and social reforms, not more manufacturing. Manufacturing sans social reforms produce absolutely horrific conditions. Good conditions can be created by any highly productive industry (of which manufacturing isn't on a relative basis anymore) paired with social reforms.
- bumby 1y agoAgree. Unfortunately, there seems to be a change in the social norms of business. Eg, pay structures that would be laughed out of the board room in previous generations are considered just the way we do business now. Same with the erosion of unions, etc.
- sorcerer-mar 1y agoHaha, we are very in sync on this: https://news.ycombinator.com/item?id=44035239 https://news.ycombinator.com/item?id=44035239