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by rockercoaster 257 days ago
I think it could be pretty damn immediate. What's missing are unions and pensions for long-term job stability, tolerability, security, and clear career progression. What's missing are wages that kept up with the inflation rates of housing and healthcare, not the price of wheat or flatscreen TVs. What's missing is C-suite norms that favor retaining workers through the usual economic-cycle downturns, rather than swiftly choosing to enact mass firings any time the CEO has a little indigestion (the science is extremely mixed on this anyway, there's not even a good reason to believe the latter approach is better for the company in general, and the C-suite zeitgeist used to favor avoiding mass firings unless absolutely necessary)

I don't think there'd be any waiting for worker "culture" to catch up to fill roles with comp packages and working conditions that addressed those core issues.

1 comments

If there was high trust, then I would agree with you. However, the lack of trust means that a lot of people would not believe The pension would even be around, and especially I don't think people would believe that The mass layoffs would be a thing of the past.