I’m reading a Marxist history of the the United States as told through strikes and labour unions but it’s VERY careful not to draw attention to its Marxism.
It is extreme, but hey, no idea is a bad one, until it becomes practice.
Having been an owner/manager/boss man,etc…since the 90’s, things have changed drastically.
Like way the eff out. 1. Everyone has their hand out, so there’s that. 2. There used to be jobs to keep people busy and growing mentally and physically. At 16yo if you did not have a job in my neck, you sat home. No money is no car is no life. Now even the laziest piece of shit walking the earth has a thousand dollar cell phone and free everything .
Where is the incentive to be better? Work harder? Then you get stuff.
Simple as a pimple. Work equals reward. No work equals nothing. No soup for you.
Yeah, don’t use that word around patriotic Americans. Ooof, you get shot in some parts;)
Concur. But stuff is not the goal. I don’t need stuff I need a roof and food and family.
Also, where is a teenager supposed to get a job these days? Everything is shuttered.
“I’m not an American and don’t have that irrational bias.”
That’s the point. No jobs to climb ladders. That’s the whole point. China wins✌️
Can’t even get a shitty job to get a shitty first car
The really sad part of all this is that we’ve known it was going to happen for over 60 years, and done nothing. Neither party.
Triffin’s Dilemma
Testifying before the U.S. Congress in 1960, economist Robert Triffin exposed a fundamental problem in the international monetary system.
If the United States stopped running balance of payments deficits, the international community would lose its largest source of additions to reserves. The resulting shortage of liquidity could pull the world economy into a contractionary spiral, leading to instability.
If U.S. deficits continued, a steady stream of dollars would continue to fuel world economic growth. However, excessive U.S. deficits (dollar glut) would erode confidence in the value of the U.S. dollar. Without confidence in the dollar, it would no longer be accepted as the world’s reserve currency. The fixed exchange rate system could break down, leading to instability.
It’s not irrational. It is what the world asked us to save them from. Now they want Marxism? Fuck that.!
Totally fuck that. Keep the commie shot to yourselves it ain’t flying here
I feel the same. Salary is Part of a businesses expenses. Same as lease, Hydro and product. If you can’t afford to pay them then your business is not viable IMO.
I don’t think the world asked the US to save them from anything.
I’m interested in anything that has been systematically erased. It was alive and well in 1900
Oh yeah. Get to reading my friend.
I always thought a job was leasing my labour to an employers. I should get to set the terms of that lease within reason.
We get recruiter calls that don’t say who the company is or what the salary is. Talk about an imbalance of power.
England and France fall it’s all over. You are a nazi pleeb today.
Good chat gotta dig some holes✌️
Well that took a turn.
A big part of the problem is flat wages for decades. Up until 1967 wages and productivity were linked. In 1967 they were decoupled. If you put them back together what would wages be?
We have socialist programs every where in our system. The biggest benefactors of these programs are corporations usually the most profitable ones
Kinda, kinda not…
The countries agreed to keep their currencies fixed but adjustable (within a 1 percent band) to the dollar, and the dollar was fixed to gold at $35 an ounce.
The Bretton Woods system was in place until persistent US balance-of-payments deficits led to foreign-held dollars exceeding the US gold stock, implying that the United States could not fulfill its obligation to redeem dollars for gold at the official price. In 1971, President Richard Nixon ended the dollar’s convertibility to gold.
The US had the most stable currency at the end of WW2, so in a sense the rest of the world asked the US to step in and anchor the global financial system. Of course, Archimedes knew quite well that wouldn’t work because we have no stable place to stand as the anchor to the whole world. We can’t even get our own house working properly.
True but it’s because the US allowed the European superpowers to crush each other before stepping in and becoming dominant.
IMF. Please save us
Yeah, my parents first house was 100k and their wages were like 60k.
Now a house is 1M and wages have increased to an average of 100k give or take.