interestingly, i get the sentiment that the economy has stalled since the 1970s from a surprising number of people, and i figured out that it’s probably because blue-collar jobs have stagnated since the 1970s, and that’s what most people feel. That sentiment coming from Thiel, who invests in software, is very weird though.
The thing is that while people struggle harder and harder for a smaller chunk of scraps, they still have a lot of quality of life improvements over the standard of living back in the 70s.
You almost certainly have decent access to passable air conditioning, which was far from a given back then. Even if you can’t afford decent health care, the sporadic health care you can get is still better than the standard of care then. You can have a 60 inch television and more content provided to it than you could imagine… You can instantly engage with people all over the world.
interestingly, i get the sentiment that the economy has stalled since the 1970s from a surprising number of people, and i figured out that it’s probably because blue-collar jobs have stagnated since the 1970s, and that’s what most people feel. That sentiment coming from Thiel, who invests in software, is very weird though.
The thing is that while people struggle harder and harder for a smaller chunk of scraps, they still have a lot of quality of life improvements over the standard of living back in the 70s.
You almost certainly have decent access to passable air conditioning, which was far from a given back then. Even if you can’t afford decent health care, the sporadic health care you can get is still better than the standard of care then. You can have a 60 inch television and more content provided to it than you could imagine… You can instantly engage with people all over the world.