UpAndComing
Veteran
I'm watching all of these documentaries and news reports on the huge rise of unemployment, automation, and outsourcing. And it's so sad to have people devote their lives to serving these large corporations
1. It all started with the Industrial Revolution. This was the moment that Capitalism went from a dream into a reality. Part of the reason Slavery ended and allowing immigrants to come to America, they wanted to usher in the Capitalistic system. Take the slaves out of the plantation and make them consumers
2. It made land owners of the 1800s become workers. Sadly, people fell victim to the "American Dream". The people who owned land sold it to move up north and the midwest to work industrial/manufacturing jobs
3. The middle class became that buffer for the poor and wealthy to be the guinea pig on the hamster wheel. Work 12, 13, 14 hour shifts to keep the machines running, to serve manufacturing and distribution centers. It put more money in the billionaire's pockets, and disenfranchised the poor. The middle class are the ones that broadened the gap between the poor and rich
4. The Baby Boomers ramped up the Capitalistic idea even more. That post war era. The age of financial aspiration, credit cards, bank loans, brand worship, job = identity, flashy attention seeking spending, etc. This easily set us up to overly dependent on this type of lifestyle
5. The middle class is decreasing because it doesn't exist in the first place. Like the Jay-Z saying, "Till you own your own, you'll never be free". In life there are only 2 economic realities, poor and wealth. Middle class just means poor people who are paid more. Once that job fires you, or that job you do falls out of the market, you are back to square one. Wealth isn't only being a millionaire, it could just be a side business. If you don't own your own, you'll always be poor
The job/employment market is going back to what it was like pre-industrial revolution. If you don't have a business or a skill, you'll get left behind
1. It all started with the Industrial Revolution. This was the moment that Capitalism went from a dream into a reality. Part of the reason Slavery ended and allowing immigrants to come to America, they wanted to usher in the Capitalistic system. Take the slaves out of the plantation and make them consumers
2. It made land owners of the 1800s become workers. Sadly, people fell victim to the "American Dream". The people who owned land sold it to move up north and the midwest to work industrial/manufacturing jobs
3. The middle class became that buffer for the poor and wealthy to be the guinea pig on the hamster wheel. Work 12, 13, 14 hour shifts to keep the machines running, to serve manufacturing and distribution centers. It put more money in the billionaire's pockets, and disenfranchised the poor. The middle class are the ones that broadened the gap between the poor and rich
4. The Baby Boomers ramped up the Capitalistic idea even more. That post war era. The age of financial aspiration, credit cards, bank loans, brand worship, job = identity, flashy attention seeking spending, etc. This easily set us up to overly dependent on this type of lifestyle
5. The middle class is decreasing because it doesn't exist in the first place. Like the Jay-Z saying, "Till you own your own, you'll never be free". In life there are only 2 economic realities, poor and wealth. Middle class just means poor people who are paid more. Once that job fires you, or that job you do falls out of the market, you are back to square one. Wealth isn't only being a millionaire, it could just be a side business. If you don't own your own, you'll always be poor
The job/employment market is going back to what it was like pre-industrial revolution. If you don't have a business or a skill, you'll get left behind
