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What happens if an entire class of workers loses faith in their careers

noemamag.com

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Re: What happens if an entire class of workers loses faith in their careers

#681

Earlier quoted context omitted.

My grandfather was a printer not to far from that Burger King, in a building now owned by the academy of art. In 1963 he had 5 children, a house in Daly City and 3 apartments across the street from Dolores park as well as a brand new home in Terra Linda. He died early, but extended family stayed in the business. It was union work, he as the youngest operator of the 4 color press. His wife my grandmother didn’t work.…

> he had 5 children, a house in Daly City and 3 apartments across the street from Dolores park as well as a brand new home in Terra Linda How well would you need to be paid now in any career to support a family like that one while accumulating that wealth already early in life? Careers can evaporate just the same but what they leave behind is vastly different from 60 years ago.

How much wealth? Not really that much if you move to the middle of the country. You're thinking of San Francisco (well, Daly City) of the 2020's, which San Francisco absolutely was not in 1963. Nice place, sure, but still heavily working class, blue-collar and union. You could have 5 kids and a few apartments on a reliable, but not spectacular, income today in many cities (and suburbs of such) in the US.

Re: What happens if an entire class of workers loses faith in their careers

#682

Earlier quoted context omitted.

> You cannot read these articles posing as human interest without following the money. Thank you for that, and look who one of their speakers is? Hardcore technocrat and transhumanist Mr. Harari! You can read his opinions about transhumanism and the Fourth Industrial Revolution in "Homo Deus" and on the WEF website.

Oh excellent, I appreciate you pointing that out. I love Harari’s work.

Doesn't really matter since he thinks we're both useless eaters.

Re: What happens if an entire class of workers loses faith in their careers

#683

Addressing the question in the title, "What happens if an entire class of workers loses faith in their careers", look at what happened to printers. That was a good skilled trade for centuries. Then it just went away. Phototypesetting took the high volume end. Desktop publishing took the low end. Computer-controlled presses took press operators. And then the newspaper business died. I've heard homeless former printers…

Farewell, Etaoin Shrdlu documents the last day of hot type at The New York Times before the digital changeover. It's one of my favourite documentaries, everything feels so vivid and alive: https://www.nytimes.com/video/insider/100000004687429/farewe...

Thank you. That was emotional, which is funny because it was a decade before I was.

Re: What happens if an entire class of workers loses faith in their careers

#684

Earlier quoted context omitted.

> UBI type system in place to pad the fall, people will bounce back and adapt when industries break down If you mean UBI that would allow anyone to stop working and live a modest life, that just doesn't work. UBI is essentially redistribution from those who work to those who don't work. That's not just a "safety net" because you could decide to stop working forever just because it's more comfortable than working. I w…

> UBI is essentially redistribution from those who work to those who don't work. If you believe this, then surely you also believe pension plans are the devil? If we can't have UBI then we can start by tearing away pension plans for all of the old people my tax money is being wasted on.

Pension systems don't have a huge effect on the incentive to work. They have some effect but not enough to collapse the system. But we could possibly see a collapse in the future in a country like Italy.

By the way, I support some level of rich-to-poor redistribution, not sure what's the optimal level but to get a reasonable range of where the optimum could be, look at the top 20 countries.

Re: What happens if an entire class of workers loses faith in their careers

#685
post #666

Earlier quoted context omitted.

> he had 5 children, a house in Daly City and 3 apartments across the street from Dolores park as well as a brand new home in Terra Linda How well would you need to be paid now in any career to support a family like that one while accumulating that wealth already early in life? Careers can evaporate just the same but what they leave behind is vastly different from 60 years ago.

If you're happy to live life to a 1960s standard, it'd be quite cheap. If I'm interpreting the stats properly [0], he expected to put two children through high school and the other 3 would have been contributing a lot to the family quite early on. It'd also be interesting to check whether it's legal to build the same apartment in Daly City's current regulatory environment because that isn't a given. Plus, the US gove…

Obviously I’m interested in the modern equivalent of whatever that man had. If those apartments were on the outskirts of the city, then something equivalent today. If society expected the kids to finish no more than high-school then but university today, then university it is.

And I want to understand if there’s any chance to do it the same way with salaried work, not with clever investment over decades, or winning the lottery, or getting an inheritance. Which are all valid ways to have a lot of wealth but don’t tell me the value of salaried work in the US today.

Re: What happens if an entire class of workers loses faith in their careers

#686
post #596

Earlier quoted context omitted.

> much intrinsic meaning now work should not be considered to have to have intrinsic meaning for it to be worthwhile - you merely need to make sure your pay is worthwhile. Find intrinsic meaning outside of work. The best way, imho, is to find the highest paying job you can, work super hard and earn maximally, until you built up a nest egg from which you can draw a living off indefinitely. Then, use the remaining time…

No, work is supposed to be at least useful for somebody. Ideally for the society you live in, at least indirectly. If you are wasting your work time, you are also wasting you life time in the same breath. Would you turn every leaf in the forest around twice, if it was the highest paying job? No, because that's a bullshit job.

> Would you turn every leaf in the forest around twice

if someone is paying for this, then it must mean it is useful to the one doing the paying. If you're not the one paying, you also cannot decide whether it's useful to the payer or not.

Re: What happens if an entire class of workers loses faith in their careers

#687
post #651

Earlier quoted context omitted.

The worst of all is that people will still argue that, in this day and age, labour has not been completely devalued and that you are wealthier than your grandfather. That kind of story was not uncommon at all in the past, today you would have to be a literal multi-millionaire to have that lifestyle.

Your point about affording the lifestyle isnt entirely incorrect, but it is skewed by what you choose to include vs ignore. Owning a house? Indeed, grandfather probably had it easier. More space per person in the primary residence? Grandson wins, most likely. Restaurant meals vs home cooked, international travel, ubiquitous air conditioning, threat of being drafted into the military (and actually being deployed!), ex…

In other words: everything to do with economics is worse and everything to do with the inexorable march of progress is better. Yeah sorry but no shit. Technology has progressed since grandpa's day.

"TVs are better and cheaper" is not a useful counterpoint when discussing the economy of the 2020s.

Re: What happens if an entire class of workers loses faith in their careers

#689
post #679

Earlier quoted context omitted.

> Result of the strike: failure. 6000 printers were fired, but there were jobs for 670 new workers who used word processing. The sad part is that it kind of does work from the other end. Suppose you're a former press operator who can't expect to find any more work operating a printing press. Should you take a McJob? You have years of experience working with electric motors and hydraulics and pumps and industrial cont…

All unions just exist to fuck up the existence of anyone not on the union. All you need to know this is to have worked near unions.

Nope, that is the US model of anti unions.

Unions have saved my ass multiple times in the European countries I worked on.

Re: What happens if an entire class of workers loses faith in their careers

#690

Earlier quoted context omitted.

Since you mentioned Etaoin Shrdlu and hot type / linotype... There are a lot of industries (at least historically) that have organized labor. In the UK, there was the “Wapping Dispute” in 1986 when computer technology enabled journalists to type in their copy directly, doing away with the need for workers to set type using linotype printing. Linotype was a big improvement on the older letter-by-letter typesetting and…

> Result of the strike: failure. 6000 printers were fired, but there were jobs for 670 new workers who used word processing. The sad part is that it kind of does work from the other end. Suppose you're a former press operator who can't expect to find any more work operating a printing press. Should you take a McJob? You have years of experience working with electric motors and hydraulics and pumps and industrial cont…

Why should the age play a role at all in unions?

In European unions you pay the membership and that is it.

On top of that many apply to complete industry sectors, they are not tied to specific jobs and don't care one second how you got your skills.

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