I think anyone who's claiming that remote work has been "proven" to be better or worse is wrong. There are some studies but they use estimations and proxies, carrying the same flaws as doing performance reviews based on lines of code. We've proven that the big tech companies can go fully remote and not completely crash and burn, that's about it. Some people love the lack of commute and less semi-forced hanging out, s…
> We've proven that the big tech companies can go fully remote and not completely crash and burn, that's about it. Most big tech companies are public. Record earnings and stock prices throughout the pandemic prove more than just not crashing and burning.
Wage earners have a couple percent more dollars every year, but the rich have massively more dollars. This is basically clathrate-gun inflation, insofar as while it's true that the rich don't compete for, say, food staples and therefore the illicitly printed money is often considered "harmless"... it goes into investment, which is a different market, we are told... the rich can and given the right circumstances will compete for other things people need, such as housing (see: Blackrock's invasion of residential real estate).
If you look at the S&P denoted in, say, houses... which I've chosen because housing is most people's biggest expense, it's actually been a mediocre market, the past 20 years.
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[1] There won't actually be "back to normal". Just as 9/11 World didn't really end but blended into GFC World, which blended into Covid World... this one's going to blend into either European War World (if the current situation gets worse) or Climate Change World. The upper class will always need a crisis to hold over our heads (and, of course, several of these represent real crises that the upper classes did not intentionally create) to keep power.