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Ask HN: Why Is Everything Declining?

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Re: Ask HN: Why Is Everything Declining?

#41
post #30

30-50 years ago, with a single salary you could support a house with a yard, a non-working spouse, multiple kids, and a car. Our society knew how to make that happen once, and we've forgotten. We've had incredible advances in technology and productivity since then, so why can't we have that kind of economic environment now? What's gumming up the works?

One reason is changing geopolitics. USA is not the sole superpower that it was in the 60s. Other countries are also doing a lot better now. A lot of the jobs in manufacturing have been outsourced to China, in service industry to India. This has led to shift of wealth from US to these countries. The days of American exceptionalism are probably ending. It's only going to get tougher from here.

Re: Ask HN: Why Is Everything Declining?

#42
post #30

30-50 years ago, with a single salary you could support a house with a yard, a non-working spouse, multiple kids, and a car. Our society knew how to make that happen once, and we've forgotten. We've had incredible advances in technology and productivity since then, so why can't we have that kind of economic environment now? What's gumming up the works?

We expect much much much nicer things.

Re: Ask HN: Why Is Everything Declining?

#43
I really believe that this is what happens when you go so long without a substantial recession coupled with an easy money regime.

There's apathy because no one has been scared in a long time. Landlords haven't been scared of not finding renters and not being able to pay their mortgages. Workers haven't been really scared of not finding jobs. Businesses have not really been scared of not being able to raise money.

Awful behavior in general comes from an absence of fear. Recessions were the natural force that brought fear and its ensuing product, sanity, to markets. Remove that and you get our current state of things.

Re: Ask HN: Why Is Everything Declining?

#44
I think we're on the verge/in the middle of a stagnating/shrinking pie. When we're not growing in population and wealth things get dark as people chase zero-sum short term gains at the expense of others.

Distrust runs rampant, people turn to the extraction of their peers vs expansion with their new friends.

It will get better.

Edit:

Think bigger than the extractors!

Re: Ask HN: Why Is Everything Declining?

#45

> People are noisy as fuck and dont seem to give a shit. Seems like every night there's someone with loud as exhaust on "sportish" car ripping around the neihborhood. For months this guy would start up his loud car at 7am and no one care when I complained. > Police seem to not give a shit anymore. I've noticed what seems to be total lawlessness going on in my world. Folks stealing shit. People driving absurdly danger…

This is the problem generally known as liberalism. Hobbes said the foundation of the state was the arbitrary Will of the individuals in the state. Modern states are thus founded on caprice. The solution is as JFK said: “Ask not what your country can do for you; ask what you can do for your country.”

Re: Ask HN: Why Is Everything Declining?

#48
Somewhat offtopic but I've found reading Gwendolyn Leick's comprehensive history of Mesopotamia (~4000BC->1000AD) and it's really helped me understand how civilizations --- successful ones, at least --- consent to ebb and flow.

There have been, in history, periods of hundreds of years where the tide went out on civ. Because their civilizations were more-or-less designed for this, it was ok. Whole cities were abandoned when rivers changed their courses over hundreds (or in some cases, dozens) of years. And this was painful, but it was also ok.

Our civ is not nearly as well-engineered as all that, however. We got so obsessed with planet-scale development we forgot century-scale development. Fast and brittle, like driving a Ferrari offroad.

Re: Ask HN: Why Is Everything Declining?

#49
Little things I've noticed decay in my 40 plus years.

I noticed credit card machines fail a lot more. Like 5 or 10 years ago credit card machines very rarely failed. Like you didn't even think about it. Now it's like a 25% chance the credit card machine I'm using will not work properly. This is not a new technology.

No one lets you in in traffic anymore. you used to be able to put your blinker on and people would wave you in. Now people are actively hostile and try to stop you from getting over.

There's a lot more scammy activity. Things like if you forget your tracking number or if you don't get documentation then that transaction will be gone.

Customer service has gotten terrible. You used to be able to call up and relatively quickly speak with someone knowledgeable and competent in many support phone lines but now it's a mostly hopeless endeavor that you wait online for an extremely long time to speak with the super friendly but clueless incompetent person.

Re: Ask HN: Why Is Everything Declining?

#50

Sounds like you live in a bad neighborhood. My rust belt neighborhood doesn't have those issues, and it's very affordable on a tech salary. Vote with your feet.

-- i live in Seoul - agree with the post - how does that square with your comment? ---
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