“If the increasing wage gap between high and low earners directly or indirectly affects men’s aggregate labor supply, wage inequality might have carried wider implications to the economy than previously believed,” Wu wrote.

https://fortune.com/2022/12/07/men-dropping-out-work-force-status-study/

    • Bloobish [comrade/them]
      ·
      hace 2 años

      I think that's the key implication, especially as boomers fully retire and the consumption decreases to a unsustainable (lmao, it was always unsustainable) level. We are reaching levels of contradiction within capital that Marx called out a century ago (overproduction, insufficient consumption, and rising wage inequality).

    • Aryuproudomenowdaddy [comrade/them]
      ·
      hace 2 años

      I've watched a lot of videos about people who live in tiny / unconventional homes and have considered the logistics of building a hobbit hole somewhere and doing small construction jobs to pay for food / necessities.

    • Tankiedesantski [he/him]
      ·
      hace 2 años

      Either that or they'll go deal drugs or something. Dropping out of the workforce in the economic sense leaves a lot of possibilities in the informal or dark economy.

      Not good possibilities, but evidently not as bad as just grinding your body into dust.