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I suspect the issue is there are not enough qualified workers at the wage rates being offered,

I doubt that this is the case. Qualified workers have very strong incentives to work, even in the generous European welfare states. These kind of people do not become unemployed because they "choose" to. Further, it would go against protestant work ethic.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Wed Jan 26th, 2011 at 08:28:39 AM EST
[ Parent ]
Technology jobs pay relatively badly outside the City and below middle management levels.

Typical pay for code monkeys and engineers can be as low as £25k in the UK. You might get £35k with a few years of experience and £50k-£75k as a consultant who can point to ten years of successful projects.

Better than the UK average, but hardly generous, especially compared to the sums you can earn doing something useless in finance.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Jan 26th, 2011 at 08:35:32 AM EST
[ Parent ]
Good compared to being on welfare...

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Wed Jan 26th, 2011 at 08:40:27 AM EST
[ Parent ]
But bad compared to other work that pays better.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Jan 26th, 2011 at 08:41:36 AM EST
[ Parent ]
That's the reason for the push to include immigrants with high-skilled knowledge.. if this does not change they will have to equilibrate the wages of the "elite" with the elite of the "know-how".. and then it is clear that the apocalypse will be near... since people who know will have the same power that people who are bankers.

The end of the world as we know it.

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Wed Jan 26th, 2011 at 01:20:50 PM EST
[ Parent ]
People with useful knowledge will never be dangerous until they realise how they're being conned and manipulated by economic nonsense.

Engineers naturally seem to gravitate rightwards, and they're easy meat for libertarian promises of rugged self-apotheosis, and for narratives that describe the economy as a simple set of interlocking parts with rigid laws that - unfortunately, but inevitably - destroy real human rights and social responsibilities.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Jan 26th, 2011 at 03:25:37 PM EST
[ Parent ]
You do not think that a significant mass of not-conned  people can develop if we ever get to 30% of very well paid highly-skilled workers?

Well, yes it could certainly happen, highly-skilled and no knowledge. Yes... I hope not.

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Thu Jan 27th, 2011 at 10:29:17 AM EST
[ Parent ]
they will have to equilibrate the wages of the "elite" with the elite of the "know-how"..

A partial return to the 1960's world dominated by the Technostructure as described by Galbraith?

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman

by Migeru (migeru at eurotrib dot com) on Wed Jan 26th, 2011 at 04:06:26 PM EST
[ Parent ]
Starvid:
Qualified workers have very strong incentives to work, even in the generous European welfare states. These kind of people do not become unemployed because they "choose" to.
Nobody does, even unqualified workers... If nothing else, because the "generous European welfare states" don't allow people to stay on benefits for ever. After less than 2 years unemployed, you're likely to end up homeless "even in Europe".

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Migeru (migeru at eurotrib dot com) on Wed Jan 26th, 2011 at 11:25:53 AM EST
[ Parent ]
Not in Sweden... The only homeless people in Sweden are either students who can't find a place to live because there aren't enough houses in university towns, or chronic drunks/narcotics users, often with severe mental problems. These unfortunates have their plight increased by the somewhat retarded Swedish narcotics and mental care policies.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Thu Jan 27th, 2011 at 08:10:35 PM EST
[ Parent ]
From a brief trawl of Swedish government homeless statistics.

less than 2/3 of Swedish homeless have drink or drug problems,(Just over 2/3 of male, less than half of female) and it's hard to tell which are the cause or effect of the homelessness., only just over 1/3 of Swedish homeless have mental health problems. A maximum of 9% fall under the no other group, which would include students

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Thu Jan 27th, 2011 at 09:15:52 PM EST
[ Parent ]
I bet this depends on the given definition of homelessness, like people over 18 still living at home, and so on.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Fri Jan 28th, 2011 at 06:40:06 AM EST
[ Parent ]
In what universe does someone living with their parents qualify as "homeless"?

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Migeru (migeru at eurotrib dot com) on Fri Jan 28th, 2011 at 07:17:41 AM EST
[ Parent ]
The Swedish one, possibly...

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Fri Jan 28th, 2011 at 04:37:49 PM EST
[ Parent ]

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