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by Periodic
3427 days ago
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I think there's a more important metric: productivity has concentrated in the coastal cities. Our workforce is more productive than ever before. Much of our economic gains year after year are due to productivity gains: we produce more goods per worker. In our current economy, if you want to have a high-paying job you have to have a highly productive job. The best way to do that is to be in a city that has high network effects. Centralization and computerization is allowing people in cities to be more and more productive. This is why even Walmart has fewer regional managers and employs more people in cities managing logistics or even doing research in programs like @WalmartLabs. Being in a city helps you be more productive due to network effects in contacts, opportunities, leads and education. If we want to help people out, we need to help them get those benefits elsewhere or help them move to the coastal cities that already have these networks. |
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