[0xfaded]

Brilliant, a bank's own think tank suggesting we have additional taxes on labour because capital suddenly finds itself more efficient. Alternatively, how about an annual levy of 0.5% on all wealth, including bank balances?

I think there may be something else going on. "Essential" work has been allowed to continue, and "essential" had basically been defined as anything directly contributing to economic output.

Meanwhile, the productive desk jobs have moved to the home. This leaves two categories of jobs high and dry, the jobs maintaining the office building, and the bullshit jobs.

The problem is that the existence of bullshit jobs is part of the current deal, and estimates range from 40-50+% of how much work in a western economy is pointless. If the bullshit jobs disappear, it threatens that model and ultimately capital holders. The people may decide to tax capital!

[spyke112]

I'm curious, which jobs do you define as bullshit?

[0xfaded]

There's a whole book on that:

https://en.wikipedia.org/wiki/Bullshit_Jobs

To quote wikipedia

  "The author contends that more than half of societal work is pointless, both large parts of some jobs and, as he describes, five types of entirely pointless jobs:

    flunkies, who serve to make their superiors feel important, e.g., receptionists, administrative assistants, door attendants
    goons, who oppose other goons hired by other companies, e.g., lobbyists, corporate lawyers, telemarketers, public relations specialists
    duct tapers, who temporarily fix problems that could be fixed permanently, e.g., programmers repairing shoddy code, airline desk staff who calm passengers whose bags do not arrive
    box tickers, who create the appearance that something useful is being done when it is not, e.g., survey administrators, in-house magazine journalists, corporate compliance officers
    taskmasters, who manage—or create extra work for—those who do not need it, e.g., middle management, leadership professionals

[avgDev]

I am rewriting a crappy application as we speak, I guess I have bullshit job. feelsbadman.jpeg.