We are going through a huge paradigm shift right now and it's flying totally under the radar
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Extremely based and insightful analysis, bumping for visibility
yeah I think this is pretty astute
there's a lot of data coming out showing that people are far less willing to work jobs that require them to actually show up in person - hitting everything ranging from Burger King to public school teaching
personally I suspect the result will be a smaller labor force and increasing returns to labor over capital (lower profits, higher wages)
but could have more revolutionary implications for sure
I would say enough people have enough to lose by radically changing the current system that they wouldn't be any real chance of "revolutionary implications" coming to fruition. I could be wrong though
David Graeber who wrote the Bullshit Jobs: A Theory book was way ahead of this before the pandemic. Basically says that over half of jobs in modern society are pointless and unnecessary. Groups all of them into five different types:
1. flunkies, who serve to make their superiors feel important, e.g., receptionists, administrative assistants, door attendants, store greeters, makers of websites whose sites neglect ease of use and speed for looks;
2. goons, who act to harm or deceive others on behalf of their employer, e.g., lobbyists, corporate lawyers, telemarketers, public relations specialists, community managers;
3. duct tapers, who temporarily fix problems that could be fixed permanently, e.g., programmers repairing bloated code, airline desk staff who calm passengers whose bags do not arrive;
4. box tickers, who create the appearance that something useful is being done when it is not, e.g., survey administrators, in-house magazine journalists, corporate compliance officers, quality service managers;
5. taskmasters, who create extra work for those who do not need it, e.g., middle management, leadership professionals
Covid further exposed this by letting people work from their home where they didn't have to pretend to work all day in an office doing nothing. Modern "work" is psychologically harmful under a society that derives self worth from work ethic.
https://www.youtube.com/watch?v=kikzjTfos0s
Pendulum will swing, it always does.
Feudalism 2.0 is really not far off, this is one of the most based takes on the site
For most of human history pre-trade, towns just existed to serve the needs of the other townspeople. One missing doctor would be a tragedy, but if the entire town disappeared, it would have little impact on broader society. Just people walking around servicing other people. We still have a lot of that, but it's very awkward in the modern global economy.
Generally, I agree. It surprises me that more people don’t understand this shift or the broader picture at play.
What do you guys think all the investment in automation is for?
So that human beings can stop mindlessly working and reach their fullest potential? Or so that most human beings are no longer required.
99% of humans can barely work mindlessly. They aren't going to all of a sudden start writing poetry or inventing the Galt engine.
Good post but not sure how your take away in point 3 is that the system is communism/feudalism...Would point to late stage capitalism as the cause, as the system inherently cannot fix the problems it causes, aka wealth being funnelled to the ultra rich, or the capital owners/shareholders via corporations (the means of production)With a wider outlook you can also see that the Govt is also beholden to the same corporate interests - look at lobbying (which is somehow normal, wtf?) or the role Sinema or Manshin plays within the political system, where a single 'democrat' can hold up massive bills which would benefit the average worker (at the cost of corporations). As a result, there will not be any systemic change that materially benefits workers until they (workers) take severe action (as we see historically).
Finally as more and more people fall into poverty and homelessness etc, and the govt have less grasp over them, we will see more and more state sponsored violence to 'put people in line' - which ultimately is a slippery slope into a fascist regime
I think this is the correct take. There is nothing communist about our current economic system...best case is late stage capitalism, but more likely corporate oligarchy. It's just legalized bribery that results in nothing getting done that doesn't put a dollar in the donor class' pocket.
Pretty fucking based
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