I interpret the headline as workers losing faith in the “bootstraps” illusion, hard work isn’t rewarded, Capital Ownership and accumulation is. Wages are largely tied to subsistence + reproduction levels, which is why real wages haven’t kept up with productivity.
As for this being the “natural state of things,” yes and no. It’s one link in a long chain of development, after Capitalism will come Socialism, just as Capitalism was born from Feudalism, and eventually Communism will be born out of Socialism. It’s natural only insofar as it plays a role in historical development, it isn’t a default state nor an end state.
What are your thoughts on the headline: People No Longer Think Working Hard Leads To Better Life
Is this just the natural state of things then?
I interpret the headline as workers losing faith in the “bootstraps” illusion, hard work isn’t rewarded, Capital Ownership and accumulation is. Wages are largely tied to subsistence + reproduction levels, which is why real wages haven’t kept up with productivity.
As for this being the “natural state of things,” yes and no. It’s one link in a long chain of development, after Capitalism will come Socialism, just as Capitalism was born from Feudalism, and eventually Communism will be born out of Socialism. It’s natural only insofar as it plays a role in historical development, it isn’t a default state nor an end state.