2 ms·
The service economy has a few problems. The first is that much of it is optional. Stuff like fast food. People can do without it much easier than doing witho
by bcrosby95 10mo ago
The service economy has a few problems.
The first is that much of it is optional. Stuff like fast food. People can do without it much easier than doing without a washing machine.
The second is, for many services, such as child care and elderly care, most adults are terrible at assessing quality. This creates a race to the bottom much like you see in manufacturing, making the jobs low wage. Because humans are humans you can't really point to a specific consequence of this either.