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The two-income household is sort of the 'betray' option in prisoner's dilemma. If nobody did it, labor would be vastly more valuable, and nobody would need two
by mullingitover 12y ago
The two-income household is sort of the 'betray' option in prisoner's dilemma. If nobody did it, labor would be vastly more valuable, and nobody would need two incomes to support a family (generally). Kids get a full-time parent, nobody has to depend on day care, it's an awesome deal for families. However, as soon as the critical mass of people starts depending on the extra income stream, the value of the labor drops and eventually that extra worker in the household isn't optional, it's required in order not to live a life of borderline (or real) poverty.
- TeMPOraL 12y agoMoloch at work. In the end everything stays the same, only everyone's position is worse.
- coryrc 12y agoYeah, because no one can create wealth, especially not women...
- mullingitover 12y agoWell that's a pretty sexist thing to say, and why even bring gender into this at all?
- coryrc 12y ago1. sarcasm 2. What do you think the predominant gender is of all these second spouses that "now" have jobs and are "driving down wages"?