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by n_ary
717 days ago
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The tech enjoyed unprecedented prosperity and many became super rich between 2010-2020. Now economy is going through a downturn, things are expected to be bad. Economy rebalances. Things will get better eventually. But the shockwave will leave some remnants behind. Just need to hold on for a bit. |
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> Much of the time, the entire economy operates in periods of substantial hashtag#unemployment or hashtag#underemployment, affecting workers generally: even if they have a job, the cost of job loss is so high they have to put up with nearly any abuse just to hang on to an income. Meanwhile, employers use their power to design workplaces to create a fine-grained division of labor in which workers are deskilled and thus easily replaceable.
I try not to lean on economic theory as a means of driving society (as much as capitalistic governance wants us to - we don't have to accept it). Both of the layoffs I experienced were examples of that perceived health (both at Glitch and Code for America). Coupling that with the need for us to feel "grateful" for something that can be effectively guaranteed to make us a bit messed up in the head when talking about this.