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stego-techtoday at 2:59 PM3 repliesview on HN

Counter-argument: bullshit jobs are beneficial to the wider economy.

Society demands consumption, which is funded via wages. The higher consumption, the more the economy grows. Ergo, having more people employed with higher wages creates more economic activity, which in turn fuels more growth, which fuels more jobs, etc. While eliminating bullshit jobs sounds great on its own merits, eliminating the wages for said jobs can actually clog the local engine by lowering wages, raising unemployment, slowing hiring, and curtailing growth. If 15% of jobs are “bullshit” to be eliminated, that’s a 15% reduction in SaaS and seat-based revenues, which means those companies providing services have to cut their headcount, which startles others…you get the idea.

I suggest that instead of cutting “bullshit jobs”, we instead reduce working hours across the board (and penalize overtime) such that more folks have an opportunity to engage in meaningful and valuable labor in exchange for higher wages. Rather than burning out a smaller portion of folks with longer hours, we share the load across multiple folks over a shorter time frame. The extra downtime creates more opportunity for economic activity, which in turn will grow the economy.


Replies

IslandRebeltoday at 3:13 PM

This sort of argument was addressed long ago in economics.

https://en.wikipedia.org/wiki/Parable_of_the_broken_window

flerchintoday at 3:06 PM

10 engineers do not create a baby in a month.

ViktorRaytoday at 3:09 PM

You could argue that a bullshit job is a form of rent seeking. The bullshit job worker is increasing his or her share of the wealth without actually creating any wealth through labor. Rent seeking overall is not a good thing for the economy.