27 Nov - 3 Dec 2017 | 76 comments (76 topical, editorial, 0 hidden)

Re: On This Date (none / 0)

Wages started to stagnate (and labour unions got hit) in the 1980s, quite before tangible automatization and outsourcing.

There were several factors, surely. But rough long-term doubling of the labour force ought to have comparable causal influence as CO2 increase in the atmosphere.

by das monde on Mon Dec 4th, 2017 at 03:04:44 PM EST
[ Parent ]

Re: On This Date (none / 0)

Because of course women started working in 1980.

1980. Remind me, what kind of crazy economic ideology took hold around then? With destruction of unions, deregulation, privatisation at firesale price?

Sleep deprived as I am with the recent birth, I cannot seem to find the name just yet.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Mon Dec 4th, 2017 at 06:37:54 PM EST
[ Parent ]

Re: On This Date (none / 0)

So it is not automation.

The wage stagnation trend continued after Reagan and Thatcher regardless ideology... or variably "progressive" leaders. With new wild market rules in force, the doubly inflated labour mass had no power whatsoever.

Birth congrats!

by das monde on Tue Dec 5th, 2017 at 12:50:09 AM EST
[ Parent ]

Re: On This Date (none / 1)

Reagan and Thatcher ideology never abated -thus far.

Corbyn may yet attempt to claw things back, but he is not in power yet.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Tue Dec 5th, 2017 at 09:16:24 AM EST
[ Parent ]

27 Nov - 3 Dec 2017 | 76 comments (76 topical, 0 editorial, 0 hidden)

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