- cross-posted to:
- politicalmemes@lemmy.world
- cross-posted to:
- politicalmemes@lemmy.world
Wait, wtfhappenedin1971.com doesn’t answer the question? Damn.
Which is weird because it’s a really easy to point to a bunch of things that happened.
Namely
- Ending the gold standard (probably biggest one)
- NASDAQ
Fast trading of Fiat? Recipe for disaster
Depreciation of gold standard was necessary.
Fkn ouch
the consolidation of neoliberalism
Infinite growth at the cost of a habitable planet is good. Corporations are people and need to last forever. Sociopathy is rewarded.
It’s not enough that I have a lot, everyone else has to have a lot less. Forever.
Man I fucking hate this goldbug conspiracy bullshit site.
This is a result of the glut of workers caused by the Boomers entering the workforce.
To make ends meet, the women Boomers went to work too which compounded the problem.
The times, they are a changing.
Right, we have double the work force now thanks to women’s rights. I’m not saying we shouldn’t have women’s rights. Every human should have the same rights. I’m just saying that definitely played a factor in wages.
Yeah it should’ve been twice the workers for half the time
America spent the majority of WW2 selling their entire manufacturing output to every developed country in the world.
Then they continued on from ww2 being the only country to make a profit and still have the factories working.
They made a fortune from WW2 and after, it could be argued its the best thing that ever happened to that country.
It took a while for other countries to catch up.
This makes sense, and as far as explanations go it’s better than most running around on the internet.
Yet, it was a very abrupt change. Did the US population have that abrupt change to reflect there? On society it’s common that a very steep change leads to spread-down consequences; the reverse almost never happens.
My productivity is directly linked to my wage – the charts be damned.
Mines the other way around. That’s the nice thing about sales.
[Reaganomics intensifies]
I think the productivity curve should be exponential instead of linear due to all sorts of automation…
Some day we’ll find our Mahsa Amini, the last straw. It may be an industrial accident in which workers were locked in place. It may be a dead girl. It may be a law that denies too many people healthcare. It may be a day of mass famine.
It’ll be the day that enough people have had enough to riot at a scale that overwhelms all responders.
The more we try other things, the more our peaceful protests and unionization efforts and mutual aid efforts get assaulted and brutalized by law enforcement, the closer we get to realizing that nothing short of razing the plutocrats is going to stop them.
They will kill us all before they give up their power and cruelty. The question is how many of us have to fall victim to the system before we act.
Reaganomics + neoliberalism + Greenspan libertarianism.
Unleash freedom for markets, money and corporations, democracy, human rights, ethics and morals be damned! Exorbitant growth in the pocketbooks of the few, big crumbs for those in charge, govts and politicians. Sinema quickly learned this.
You’re somebody.
I am betting on the 4 day workweek. If UAW can get it them I might too.