Comment Re:economy doing well? (Score 1) 174
Times are different now. Before the 20th century, goods were expensive and time was cheap. If you've ever had or heard of old world home-cooked food, you know that a lot of it was very labor-intensive but mostly made of grains or broths, often padded full of vegetables. Basically, the sort of thing that rural people had easy access to. They found it hard to afford lots of meat, but they had plenty of spare time to fill and could afford to have a place to live. Where is our money going now? Most of it is paid in rent or mortgage on our homes. So our increasing production has made a great big difference: more people can't afford a place to live, but at least those homeless people have cheap access to everything else they need
We live in a society where the very ambitious have the motivation to create new service industries, like the whole startup thing going on in Silicon Valley. But people without that ambition - the people who have always lived by contributing to existing power structures like their families or their local communities - are at the mercy of a shrinking job market. I am making the argument that now times are different than in the 1800s. A society can only come up with new service jobs for its people so quickly. We should be looking at reducing the work week for the same pay in order to maintain enough jobs for the less ambitious. Otherwise we are looking at a very costly welfare problem. We've already got bottom-rung employers like Wal-Mart and McDonald's expecting their workers to work full-time and also take government welfare just to survive.