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No one expects young men to do anything and they respond by doing nothing (2022)

robkhenderson.com

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Re: No one expects young men to do anything and they respond by doing nothing (2022)

#2
We didn't want young men to do anything.

We wanted ever-increasing returns for shareholders, and that meant moving factories (where these young men's grandfathers were working 60 years ago) overseas while doing nothing on the whole to retrain the workforce.

We got the shareholder returns. Too bad that can't buy a functional society for people born after 1980.

Re: No one expects young men to do anything and they respond by doing nothing (2022)

#3

We didn't want young men to do anything. We wanted ever-increasing returns for shareholders, and that meant moving factories (where these young men's grandfathers were working 60 years ago) overseas while doing nothing on the whole to retrain the workforce. We got the shareholder returns. Too bad that can't buy a functional society for people born after 1980.

workforce in usa seems pretty good. Have you seen the homeprices they are able to afford ?

Re: No one expects young men to do anything and they respond by doing nothing (2022)

#4
post #3

We didn't want young men to do anything. We wanted ever-increasing returns for shareholders, and that meant moving factories (where these young men's grandfathers were working 60 years ago) overseas while doing nothing on the whole to retrain the workforce. We got the shareholder returns. Too bad that can't buy a functional society for people born after 1980.

workforce in usa seems pretty good. Have you seen the homeprices they are able to afford ?

But that's the thing. Most people can't afford a home here; we're renters. The exception is upper class people riding stock market hype bubbles.

Re: No one expects young men to do anything and they respond by doing nothing (2022)

#5
post #3

We didn't want young men to do anything. We wanted ever-increasing returns for shareholders, and that meant moving factories (where these young men's grandfathers were working 60 years ago) overseas while doing nothing on the whole to retrain the workforce. We got the shareholder returns. Too bad that can't buy a functional society for people born after 1980.

workforce in usa seems pretty good. Have you seen the homeprices they are able to afford ?

Nobody can afford it, to the point where we’ve done dark bloodpacks with banks and financial institutions to try and get the average family into what used to be an average priced home.

Re: No one expects young men to do anything and they respond by doing nothing (2022)

#6

We didn't want young men to do anything. We wanted ever-increasing returns for shareholders, and that meant moving factories (where these young men's grandfathers were working 60 years ago) overseas while doing nothing on the whole to retrain the workforce. We got the shareholder returns. Too bad that can't buy a functional society for people born after 1980.

I want a financial person to explain to me why we continue to expect exponential growth of companies’ revenue year after year, and why that makes any logical sense in a world with finite resources.

Re: No one expects young men to do anything and they respond by doing nothing (2022)

#7
I suppose the jury is still technically out on whether the Western strategy of leaving mostly everything up to mostly chance is a good idea, but I am not liking the preliminary results. I imagine the experts are on it somewhere though (because science and democracy essentially guarantee optimality), so I won't bother worrying about it.

Re: No one expects young men to do anything and they respond by doing nothing (2022)

#8

We didn't want young men to do anything. We wanted ever-increasing returns for shareholders, and that meant moving factories (where these young men's grandfathers were working 60 years ago) overseas while doing nothing on the whole to retrain the workforce. We got the shareholder returns. Too bad that can't buy a functional society for people born after 1980.

Also: Nobody in a village should take up 2 houses for themself.

But some can, and can even take up 100 houses... so long as the other villagers are fighting amongst themselves, over whether their house should be larger than that of their neighbor.

Turns out most of their problems are arguably traceable back to those people with 100+ houses each.

Which would be glaringly suspicious to an outside observer. But the villagers are too busy being enraged by the idea that some lazy person might not have to live in a tent.

Re: No one expects young men to do anything and they respond by doing nothing (2022)

#9

We didn't want young men to do anything. We wanted ever-increasing returns for shareholders, and that meant moving factories (where these young men's grandfathers were working 60 years ago) overseas while doing nothing on the whole to retrain the workforce. We got the shareholder returns. Too bad that can't buy a functional society for people born after 1980.

I want a financial person to explain to me why we continue to expect exponential growth of companies’ revenue year after year, and why that makes any logical sense in a world with finite resources.

Population explosion = growth of consumption and we have not yet hit the finite limit but we eventually will, perhaps soon

Re: No one expects young men to do anything and they respond by doing nothing (2022)

#10
post #3

We didn't want young men to do anything. We wanted ever-increasing returns for shareholders, and that meant moving factories (where these young men's grandfathers were working 60 years ago) overseas while doing nothing on the whole to retrain the workforce. We got the shareholder returns. Too bad that can't buy a functional society for people born after 1980.

workforce in usa seems pretty good. Have you seen the homeprices they are able to afford ?

A mortgage is 30 years. Who thinks most people will have well-paying jobs in 20 years? In 10? In 5? What's the current percentage of American workers who can afford a house, a car, and a single child responsibly? What's the average income-to-mortgage ratio in America, is it sustainable?

What rationalization are we supposed to have for self-worth when robots and AGI do all of "our" labor?

This entire society is melting down so that a handful of billionaires can have and do whatever they dream of, the rest of us are supposed to do what exactly?

We're supposed to find meaning and worth in the scraps that are left?

edit downvotes without rebuttals are equal to "shut up and keep working"

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