Saw some hogs crying about backed up supply chains arguing about trump and biden's policies
Little did they know it's because there weren't enough workers on the dock to unload product
Fuck the labor shortage narrative, I'm glad people are doing something about getting scraps
The best part about this is that they killed the unions decades ago so there's no one to take the fall. They have to bear the full brunt of this now.
Oh I don't know about that. My dad's blaming the longshoremen's union wanting COVID protections to work.
Joe Brusuelas, chief economist at RSM, said this may be witnessing the start of what might eventually be considered the "golden age for the American worker."
:doubt:
The Boomer Retirement is creating more demand for labor than supply. Domestic hostility towards immigration has put a lid on how many new workers can enter the economy from outside the state. Rising real estate costs in high density communities are creating upward pressure on wages.
This isn't a new phenomenon. We've seen labor crunches in the 18th, 19th, and 20th centuries rebound to workers' favor. And we've seen huge influxes of new migrants / big spikes in domestic population destabilize labor economies to the benefit of capital. Like, this is half the story of the industrial revolution. It's the story of the Black Plague. It's the story of the post-World War lifestyle boom and the post-Globalization lifestyle sag. It's the reason Bernie Sanders isn't going hand-in-hand with neoliberal Open Borders guys. It's the reason neoliberalism has Open Borders guy.
Very possible that a sharp constriction in labor - not just in the US but the world over - will benefit the working age adults who inherit this overdeveloped and underutilized economy.
I agree, this is probably a good thing for workers - at least those that didn't in the transition (of COVID or otherwise). But I'll need a couple decades of info to declare an age lol
I just turned down a job for shit pay, fuck em
Although I do wonder to what extent we’re witnessing the wealth of the working class, to the small extent it exists in the first place, sucked away. Like a miniature version of how savings were evaporated after the USSR fell. A little shock therapy, which they seem to claim is coming in the form of inflation (I have no clue tbh).
Cause “burning savings” my situation. I got laid off and quit when they tried to bring me back, and had previously built up a little savings from having two (modest) incomes for the household and just being cheap in general. So me, I’m willing to watch it go down for a little while and search for something better. But I dunno how the owning class is gonna respond to this reality.
I know that I’m better off than most having had a chance to save enough to tell people to fuck off
Savings are at an all time post WWII high in most classes except the bottom 1/5th which were doing well until the stimulus checks and unemployment stopped coming.
The ruling classes are using siege tactics in the form of austerity in the middle of a pandemic on the working poor. They are going to try to kowtow, abuse, and demean those who hold out for better conditions.
Yeah, I think you’re pretty spot on with “siege” as a metaphor. I dunno whether capital is being besieged or doing the besieging (a little of both honestly). No wonder that shits a classic fash title lol
Capital is doing the sieging imo. Inflation is a war of attrition to get people to be desperate again and willing to work for what the owners consider a "fair" wage.
Inflation helps asset prices and hurts cash savings, and workers tend to have a higher amount of cash relative to assets, whereas for the wealthy it's the opposite (they don't use bank accounts, they borrow cheap money to buy stocks and real estate).
historically communists have found their most supportive bases in the unemployed so the spectre is looming
TBH, unemployed have no leverage and are harder to organize.
I can’t quit mine, but I hope this creates conditions that allow me to quit
i wish this was a thing in 'developing' countries but unfortunately most people can't afford to turn down jobs
