this post was submitted on 01 Feb 2024
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Claudia Goldin won the 2023 Nobel Prize in Economics for her research into the historical pay gap between men and women. One of her remarks was that inflexible work schedules that demand most of a person's time are one of the largest factors preventing economic participation.
These types of schedules did not exist historically but became the norm around the time of the industrial revolution. This was also the time when women were all but forced out of work, mostly because both parents working endless hours at the factory wasn't possible. Before the industrial revolution, working from home was incredibly common.
So I guess what I'm trying to say is the industrial revolution and its consequences have been a disaster for the human race.
Technological progress isn't the problem, capitalism is.
A dollar of profit is a dollar exploited.
Uncle Ted strikes again