Sarcasm or cynicism?

Capitalism.

Btw communism is capitalism without systemic awareness of inefficiencies.

Capitalism doesn't dictate poor working conditions at all. Lack of regulation certainly does though.

> Capitalism doesn't dictate poor working conditions at all. Lack of regulation certainly does though.

It totally does. Regulation is basically opposed to capitalism working as designed.

Capitalism needs regulation to avoid self destruction. Without circuit breakers it devolves into monopolistic totalitarianism.

C.f. East India company. Then imagine them with modern military and communications tech.

> Capitalism needs regulation to avoid self destruction.

This is equally true for any alternative system to capitalism.

That's not true at all. That's just some propaganda college kids and the like keep repeating. Most other western countries are capitalist, have much stronger regulation than the US and are all the better for it.

Software engineering pay is an outlier for STEM fields. It would not be surprising at all if SWE work fell into the ~$80-120k camp even with 10+ years experience.

They won't go broke, but landing a $175k work from home job with platinum tier benefits will be near impossible. $110K with a hybrid schedule and mediocre benefits will be very common even for seniors.

That's actually totally reasonable, but what's the end result for housing markets in areas saturated by these kinds of gigs now.

Would there be reasonably priced houses in Seattle/SF? Can't see that happening