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	<title>Comments on: Why Some Men Earn Less Than They Did 40 Years Ago</title>
	<atom:link href="http://habitablezone.com/2011/09/17/why-some-men-earn-less-than-they-did-40-years-ago/feed/" rel="self" type="application/rss+xml" />
	<link>https://habitablezone.com/2011/09/17/why-some-men-earn-less-than-they-did-40-years-ago/</link>
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		<title>By: TB</title>
		<link>https://habitablezone.com/2011/09/17/why-some-men-earn-less-than-they-did-40-years-ago/#comment-5911</link>
		<dc:creator>TB</dc:creator>
		<pubDate>Sun, 18 Sep 2011 13:15:50 +0000</pubDate>
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		<description>Like I said, given the entry of billions into labor markets where we used to hold a near-monopoly (not to mention the development of so many technological productivity enhancers), it&#039;s a miracle the U.S. wage rate is doing as well as it is.  We just got used to an artificially-high level of income and benefit growth under the old conditions.

Come to that, it&#039;s a miracle the world is doing as well as it is.  The Malthusians thought we&#039;d be eating each other by now.

The percentage of people living in poverty around the world has been dropping steadily.  Life expectancies have increased.  Third World nations are moving into the Second and First Worlds.  Sucks for our former monopoly, but pretty good deal for them.</description>
		<content:encoded><![CDATA[<p>Like I said, given the entry of billions into labor markets where we used to hold a near-monopoly (not to mention the development of so many technological productivity enhancers), it&#8217;s a miracle the U.S. wage rate is doing as well as it is.  We just got used to an artificially-high level of income and benefit growth under the old conditions.</p>
<p>Come to that, it&#8217;s a miracle the world is doing as well as it is.  The Malthusians thought we&#8217;d be eating each other by now.</p>
<p>The percentage of people living in poverty around the world has been dropping steadily.  Life expectancies have increased.  Third World nations are moving into the Second and First Worlds.  Sucks for our former monopoly, but pretty good deal for them.</p>
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		<title>By: ER</title>
		<link>https://habitablezone.com/2011/09/17/why-some-men-earn-less-than-they-did-40-years-ago/#comment-5908</link>
		<dc:creator>ER</dc:creator>
		<pubDate>Sun, 18 Sep 2011 11:46:39 +0000</pubDate>
		<guid isPermaLink="false">http://habitablezone.com/?p=3693#comment-5908</guid>
		<description>And here I thought it was because global capitalism had eaten all the seed corn.

Of course, what this really means is that it really doesn&#039;t matter who did or didn&#039;t cause the recession, that there is really nothing anybody can do about the fundamental, systemic problems of the global economy (or at least, the US economy), and that regardless of what philosophy is adopted by the society, we have essentially little to look forward to but plutocracy and oligarchy.

So what the hell are we arguing about all the time?

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		<content:encoded><![CDATA[<p>And here I thought it was because global capitalism had eaten all the seed corn.</p>
<p>Of course, what this really means is that it really doesn&#8217;t matter who did or didn&#8217;t cause the recession, that there is really nothing anybody can do about the fundamental, systemic problems of the global economy (or at least, the US economy), and that regardless of what philosophy is adopted by the society, we have essentially little to look forward to but plutocracy and oligarchy.</p>
<p>So what the hell are we arguing about all the time?</p>
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		<title>By: TB</title>
		<link>https://habitablezone.com/2011/09/17/why-some-men-earn-less-than-they-did-40-years-ago/#comment-5887</link>
		<dc:creator>TB</dc:creator>
		<pubDate>Sat, 17 Sep 2011 22:24:32 +0000</pubDate>
		<guid isPermaLink="false">http://habitablezone.com/?p=3693#comment-5887</guid>
		<description>&lt;blockquote&gt;&quot;The strong market was partly because European countries and Japan were still rebuilding their manufacturing capacity, destroyed during the war. Also, a lot of technology that has since replaced labor hadn&#039;t come on line yet. Levy says these factors provided &#039;a lot of jobs in manufacturing and other related occupations.&#039; &quot;&lt;/blockquote&gt;

I think this is probably most of it.  Basically, in recent decades, a few more billion people have been added to the blue and white collar labor force.  I hate to say it, but there isn&#039;t much you can do about this.  It&#039;s actually a miracle we&#039;re managing to stay level.

Not sure where they&#039;re going with the higher education thing.  According to the &lt;a href=&quot;http://nces.ed.gov/programs/digest/d10/tables/dt10_008.asp&quot; rel=&quot;nofollow&quot;&gt;data,&lt;/a&gt; that 30 percent is actually a peak. Back in 1975, it was more like 22 percent.</description>
		<content:encoded><![CDATA[<blockquote><p>&#8220;The strong market was partly because European countries and Japan were still rebuilding their manufacturing capacity, destroyed during the war. Also, a lot of technology that has since replaced labor hadn&#8217;t come on line yet. Levy says these factors provided &#8216;a lot of jobs in manufacturing and other related occupations.&#8217; &#8220;</p></blockquote>
<p>I think this is probably most of it.  Basically, in recent decades, a few more billion people have been added to the blue and white collar labor force.  I hate to say it, but there isn&#8217;t much you can do about this.  It&#8217;s actually a miracle we&#8217;re managing to stay level.</p>
<p>Not sure where they&#8217;re going with the higher education thing.  According to the <a href="http://nces.ed.gov/programs/digest/d10/tables/dt10_008.asp" rel="nofollow">data,</a> that 30 percent is actually a peak. Back in 1975, it was more like 22 percent.</p>
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