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Your wish is granted. Now your phone costs double what it used to
That's fine, because I'll be making enough to afford it... as the outlined condition was a factory job that would pay well enough to afford a family home on that income alone.
EDIT: So apparently everyone here is talking fiction not reality and I'm the only one who missed that. Anything can be a true statement if it's not based on reality. I'm out.
~~I'm blown away by how bad lemmy is in economics. But to be fair, there are no good economics on this planet.
No, you will be fired from your job because your company becomes uncompetitive in global market and goes under, leading to worse economy.
There needs to be such a massive cooperation between all countries (including enemies) that this will never work.~~
You're missing the entire point here you dingus. We're not talking about reality, were talking about what it would take for factory jobs to be considered success again.
Obviously it's not reality. THATS WHAT IM POINTING OUT
So what is the point of this? Might as well talk about economy in Harry Potter and claim you just figured out how to solve socioeconomical disparity
The point is that a billionaire CEO can't just say "eh, people should be happy working in a factory" when he doesn't provide the rest of the material reality that went with that when people were happy working in a factory
You know what - I'm starting to think most people here actually didn't read the article, but only the title, and that's where the confusion is originating from.
Unfortunately I did, and it's full of delusional billionaire propaganda, pushing agendas that will ONLY benefit them in the long run. Make the rich richer at the expense of the poor. Also less educated people are easier to manipulate, a big plus for the fascist regime
Or do you really believe that these billionaires care about the poor over their own hordes of wealth?
Which part specifically are you referring to that redeems this delusional nonsense?
I'm getting paywalled now so can't quote, but it's more about states in general. There have been some major developments in manufacturing (especially robotics) that would allow US to jumpstart a new era of manufacturing/re-starting the industry and bring it away from China. By finding success, I believe he didn't really mean grinding at some low entry job, but literally becoming a successful manufacturer (again?)
To invest in cutting edge robotic manufacturing to onshore in America? What, with all of the spare capital American workers have on hand these days?
People are needed to watch over and maintain said robots. Pretty sure the article said that the factory jobs themselves are transforming.
Here's the thing - I myself work in a factory, and I do exactly that - monitor the manufacturing line. I'm doing barely any hard/manual labor, most of the time I'm chilling around and I make more money than the average in my country, and since I'm in rural region where wages are naturally shit, I'm pretty much well off with said factory job. Used to work in IT, made around 30% more, but felt like I worked 200% more.
That's fine with me