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[-] pantyhosewimp@lemmynsfw.com 73 points 6 months ago

It all comes back to Ronald fucking Reagan. Yes, the actor. Fuck.

[-] AllonzeeLV@lemmy.world 40 points 6 months ago* (last edited 6 months ago)

Jack Welch, former GE CEO and current free gravestone urinal had a lot to do with changing corporate culture to completely abandon the pretense of societal responsibility as well.

[-] AtariDump@lemmy.world 12 points 6 months ago

Ronald Reagan! The actor? Then who's vice-president, Jerry Lewis? I suppose Jane Wyman is the First Lady! And Jack Benny is Secretary of the Treasury!

[-] foobaz@lemmy.world 28 points 6 months ago
[-] TootSweet@lemmy.world 16 points 6 months ago

Wait, wtfhappenedin1971.com doesn't answer the question? Damn.

[-] peopleproblems@lemmy.world 17 points 6 months ago* (last edited 6 months ago)

Which is weird because it's a really easy to point to a bunch of things that happened.

Namely

  1. Ending the gold standard (probably biggest one)
  2. NASDAQ

Fast trading of Fiat? Recipe for disaster

[-] TheBat@lemmy.world 0 points 6 months ago

Depreciation of gold standard was necessary.

[-] TheBat@lemmy.world 2 points 6 months ago

Man I fucking hate this goldbug conspiracy bullshit site.

[-] Anticorp@lemmy.world 2 points 6 months ago
[-] umbrella@lemmy.ml 2 points 6 months ago

the consolidation of neoliberalism

[-] RustyShackleford@programming.dev 2 points 6 months ago

Infinite growth at the cost of a habitable planet is good. Corporations are people and need to last forever. Sociopathy is rewarded.

It's not enough that I have a lot, everyone else has to have a lot less. Forever.

[-] RestrictedAccount@lemmy.world 9 points 6 months ago

This is a result of the glut of workers caused by the Boomers entering the workforce.

To make ends meet, the women Boomers went to work too which compounded the problem.

The times, they are a changing.

[-] Anticorp@lemmy.world 12 points 6 months ago

Right, we have double the work force now thanks to women's rights. I'm not saying we shouldn't have women's rights. Every human should have the same rights. I'm just saying that definitely played a factor in wages.

[-] captainlezbian@lemmy.world 9 points 6 months ago

Yeah it should’ve been twice the workers for half the time

[-] Wanderer@lemm.ee 5 points 6 months ago* (last edited 6 months ago)

America spent the majority of WW2 selling their entire manufacturing output to every developed country in the world.

Then they continued on from ww2 being the only country to make a profit and still have the factories working.

They made a fortune from WW2 and after, it could be argued its the best thing that ever happened to that country.

It took a while for other countries to catch up.

[-] marcos@lemmy.world 3 points 6 months ago

This makes sense, and as far as explanations go it's better than most running around on the internet.

Yet, it was a very abrupt change. Did the US population have that abrupt change to reflect there? On society it's common that a very steep change leads to spread-down consequences; the reverse almost never happens.

[-] minibyte@sh.itjust.works 6 points 6 months ago

My productivity is directly linked to my wage – the charts be damned.

[-] Nemo@midwest.social 4 points 6 months ago

Mines the other way around. That's the nice thing about sales.

[-] Rolive@discuss.tchncs.de 5 points 6 months ago

I think the productivity curve should be exponential instead of linear due to all sorts of automation...

[-] FartsWithAnAccent@fedia.io 5 points 6 months ago

[Reaganomics intensifies]

[-] uriel238@lemmy.blahaj.zone 4 points 6 months ago

Some day we'll find our Mahsa Amini, the last straw. It may be an industrial accident in which workers were locked in place. It may be a dead girl. It may be a law that denies too many people healthcare. It may be a day of mass famine.

It'll be the day that enough people have had enough to riot at a scale that overwhelms all responders.

The more we try other things, the more our peaceful protests and unionization efforts and mutual aid efforts get assaulted and brutalized by law enforcement, the closer we get to realizing that nothing short of razing the plutocrats is going to stop them.

They will kill us all before they give up their power and cruelty. The question is how many of us have to fall victim to the system before we act.

[-] catloaf@lemm.ee 3 points 6 months ago

You're somebody.

[-] tearsintherain@leminal.space 3 points 6 months ago* (last edited 6 months ago)

Reaganomics + neoliberalism + Greenspan libertarianism.

Unleash freedom for markets, money and corporations, democracy, human rights, ethics and morals be damned! Exorbitant growth in the pocketbooks of the few, big crumbs for those in charge, govts and politicians. Sinema quickly learned this.

[-] guyrocket@kbin.social 2 points 6 months ago* (last edited 6 months ago)

I am betting on the 4 day workweek. If UAW can get it them I might too.

this post was submitted on 18 Apr 2024
561 points (97.6% liked)

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