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Is remote work bad for the economy?

fractional.work

41–50 of 363 posts

Re: Is remote work bad for the economy?

#41

The author's answer to the title question seems to be: No. Which I agree with. If the answer was "Yes" however, I would question if that's even a bad thing to begin with. If our economy is reliant on people driving to an office and spending their money at a restaurant, then our economy is pretty terrible to begin with.

[deleted]

Re: Is remote work bad for the economy?

#42
post #6

I don't care what it does to the economy. The only people against remote work are middle managers fearing for their future and building owners afraid of losing out on rent money. I have been working remotely for 5 years and I will retire and live in a cardboard box before I commute and work in an office again.

If you can retire as a rash reaction to being asked to be physically present for work, cardboard box threat notwithstanding, then you are way overpaid (assuming you are under 60).

Your statement is a non-sequitur.

Re: Is remote work bad for the economy?

#43

'We are suffering from the intolerable competition of a foreign rival, placed, it would seem, in a condition so far superior to ours for the production of light that he absolutely inundates our national market with it at a price fabulously reduced. The moment he shows himself, our trade leaves us — all consumers apply to him; and a branch of native industry, having countless ramifications, is all at once rendered com…

[deleted]

Re: Is remote work bad for the economy?

#44
It seems that the same people who are trying to politicize what economy would benefit from restricting remote work are the same population benefitting from keeping the federal minimum wage at $7.25 for the last 15 years.

It’s sure to only benefit a select few. We should let the free market decide what we collectively value in cities. With remote work in particular, it feels like there is more value placed on the standards of humanity than being close to a “hub” to make larger sums of money. For me, I love great weather and not spending a tenth of my day in traffic.

Re: Is remote work bad for the economy?

#45
post #25

Bad for which economy? Countless programmers over the years have packed up their bags and moved away from their small towns to live in big expensive tech hubs. This has certainly been beneficial for the economy of large metros--they didn't pay to educate these workers and in many cases these workers (including myself) were raised and educated in completely different countries. So these metros have a huge pool of high…

Heh. Well, methinks your idea and mine as to what constitutes a small town are somewhat different. The small town (pop.~1500 at the time) canceled pre-calc my senior year; the district contacted, individually, the 3 of us that had enrolled. Something about being the only person who had enrolled, so they couldn't justify a regularly scheduled class. I guess they might have thought that nerds didn't talk to each other. While I don't doubt there are many non-mega-urban environments that fit your descriptions, the number of small (wee?) towns that might lay claim to such a tax would kill such a program in its crib.

Re: Is remote work bad for the economy?

#46

Earlier quoted context omitted.

“You should care about the economy more than your happiness” is absurd.

I don't think I said those words, so sure?

“I think you should consider more than your own happiness, we're talking about the economy”

Did I misinterpret this?

Re: Is remote work bad for the economy?

#47
post #25

Bad for which economy? Countless programmers over the years have packed up their bags and moved away from their small towns to live in big expensive tech hubs. This has certainly been beneficial for the economy of large metros--they didn't pay to educate these workers and in many cases these workers (including myself) were raised and educated in completely different countries. So these metros have a huge pool of high…

There are 2.5 million developers in the US. Most of them don’t live in tech hubs. Most of them work for hospitals, insurance companies, state and local government, etc.

Re: Is remote work bad for the economy?

#48
post #6

I don't care what it does to the economy. The only people against remote work are middle managers fearing for their future and building owners afraid of losing out on rent money. I have been working remotely for 5 years and I will retire and live in a cardboard box before I commute and work in an office again.

This just isn't true. I've been working from home close to a decade and it has been fantastic for me. There are clearly workers who do better, and prefer an office environment. We are social creatures after all. There are plenty of people who are miserable at home - they don't have the space for a proper office, they can't "turn off" at the end of the day, they are lonely, face to face interactions boost their creativity, etc.

Re: Is remote work bad for the economy?

#49

The author's answer to the title question seems to be: No. Which I agree with. If the answer was "Yes" however, I would question if that's even a bad thing to begin with. If our economy is reliant on people driving to an office and spending their money at a restaurant, then our economy is pretty terrible to begin with.

I reached the same conclusion but from a different angle: if remote work is bad for the economy, but good for the people who enjoy it, how many other aspects of serving “the economy” are in conflict with serving the people who participate in it? Maybe it’s the economy itself that’s bad. Maybe looking for ways to balance changes like remote work with a bad economic system isn’t nearly ambitious enough.

Maybe labor that needs induced demand shouldn’t shape society at all. Maybe it’s arbitrary makework—maybe the laborers, and the society making arbitrary work, would both benefit more by supporting those humans who’d otherwise do makework.

Re: Is remote work bad for the economy?

#50

Earlier quoted context omitted.

Uhh... nobody stops going to the barber just because they work from home.

Not only that, who goes to a barber during work hours? That's something that one would assume would happen closer to home regardless, such as on a weekend.

People go to lunch at work. I went to the barber. I am salaried and not paid by the hour and am measured by my performance. I see no problem with getting your hair cut at work. In fact at Goldman Sachs they have a barber in the building the CEO goes to.
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