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smallmancontrovyesterday at 8:13 PM3 repliesview on HN

It took over a century to go from Oliver Twist to the broad Post-WWII Middle Class. How long this time?


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a2ff6eeb0yesterday at 8:57 PM

Why do you think there's a law that will make it happen again? A large, empowered middle class is a historical anomaly, not a law of nature.

The question is, if we're going to erase that anomaly, what can you do to be among the winners?

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georgemcbayyesterday at 8:36 PM

> It took over a century to go from Oliver Twist to the broad Post-WWII Middle Class. How long this time?

It may be optimistic to assume any path even exists this time (or at least that any path exists without violent revolution).

I won't pretend to know what will actually happen in the future, but the long road from Oliver Twist to middle class prosperity was paved in large part by labor realizing they have collective bargaining power and wielding that as a weapon to slowly forge a seat at the table. That weapon goes away in a world where a majority of people no longer have any individual labor power to collectivize.

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oblioyesterday at 9:18 PM

Well, Einstein assumed WW4 would be fought with rocks so this cycle might take a bit longer.