Over half of Americans claim they're nowhere near achieving their definition of financial freedom, with 36% saying they have less than $1,000 in their savings accounts.
In the mid to late 1960s economists were predicting 20 hour work weeks and month-long vacations. So it was perfectly reasonable for Gene to imagine a future where nobody had to work.
It wasn’t a falsehood. It was stolen by Reagan and the owner class. Reagan gave away the store and shifted all societal power to the oligarchs, while corporate America, led by GE, shifted from the correct “customers first, employees (who were valued!) second, investors third” model to the “investors first, second, and only” rigged market profiteering dystopia we all suffer today.
The citizen’s of happiest developed nations of the world, not our gold plated cesspool to be clear, as a rule get months off a year, in addition to innumerable social supports. It’s a proven lie that this is how it has to be. This is just how the greediest/most sociopathic people want it to be, and since those traits are what our society rewards, and punishes their opposites, they have all the power.
The play by the owners started well before Reagan. Reagan codified it into law in perpetuity, institutionalized funneling all the money to the owners under the lie of “efficient distribution,” got his “opposition” to take the bribe money en masse, our modern neoliberals, and basically got America to cheer for their own destruction in the decades to follow with his intentionally divisive and manipulative narrative.
Until Trump, Reagan was still the Republican mascot long after his death, that even Democrats claimed reverence for.
In the mid to late 1960s economists were predicting 20 hour work weeks and month-long vacations. So it was perfectly reasonable for Gene to imagine a future where nobody had to work.
It wasn’t a falsehood. It was stolen by Reagan and the owner class. Reagan gave away the store and shifted all societal power to the oligarchs, while corporate America, led by GE, shifted from the correct “customers first, employees (who were valued!) second, investors third” model to the “investors first, second, and only” rigged market profiteering dystopia we all suffer today.
The citizen’s of happiest developed nations of the world, not our gold plated cesspool to be clear, as a rule get months off a year, in addition to innumerable social supports. It’s a proven lie that this is how it has to be. This is just how the greediest/most sociopathic people want it to be, and since those traits are what our society rewards, and punishes their opposites, they have all the power.
I think it happened well before Reagan. The gap between productivity and earnings starts around 1971.
The play by the owners started well before Reagan. Reagan codified it into law in perpetuity, institutionalized funneling all the money to the owners under the lie of “efficient distribution,” got his “opposition” to take the bribe money en masse, our modern neoliberals, and basically got America to cheer for their own destruction in the decades to follow with his intentionally divisive and manipulative narrative.
Until Trump, Reagan was still the Republican mascot long after his death, that even Democrats claimed reverence for.
Month long vacations? That’ll never work. Can you imagine if a developed country took several weeks off in the summer? No one could do that!