Re:Are we too busy to enjoy life?
by lotsofpulp on Friday May 01, 2020 @05:54AM
(#23040557)
>So I think my point still stands: how do we break up this obsession with living in overpriced areas? Improved remote work opportunities? Better cultural opportunities outside major metropolitan areas?
The areas aren’t overpriced, they’re correctly priced given the reduction in value of many types of labor due to automation and outsourcing.
This is a structural change where many Americans now have to compete with people in poorer countries who are up and coming, and at the same time facing redundancies due to technology sufficiently automating their tasks that far fewer people can output more labor.
The obsession is not with living in overpriced areas, the obsession is trying to be in the top quintile/decile and having a network of people in the top quintile/decile because you see the value of labor of the rest of the population going down.
This the solution has to involve either making more people’s labor more valuable, or reducing people’s need for income from their labor.
The first might be accomplished by better educating people so their labor is more valuable and funding research and development, and/or reducing the amount of labor available.
The second can be accomplished with a universal basic income.
Whether this would continue to let a country be economically competitive against other countries in the world, I don’t know, but probably not.
The areas aren’t overpriced, they’re correctly priced given the reduction in value of many types of labor due to automation and outsourcing.
This is a structural change where many Americans now have to compete with people in poorer countries who are up and coming, and at the same time facing redundancies due to technology sufficiently automating their tasks that far fewer people can output more labor.
The obsession is not with living in overpriced areas, the obsession is trying to be in the top quintile/decile and having a network of people in the top quintile/decile because you see the value of labor of the rest of the population going down.
This the solution has to involve either making more people’s labor more valuable, or reducing people’s need for income from their labor.
The first might be accomplished by better educating people so their labor is more valuable and funding research and development, and/or reducing the amount of labor available.
The second can be accomplished with a universal basic income.
Whether this would continue to let a country be economically competitive against other countries in the world, I don’t know, but probably not.