The culture of quiting

Professor Wolff, I would appreciate your take on:

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  • Donald Bellunduno
    commented 2017-12-05 20:07:24 -0500
    What became very obvious to me, is the way Capitalism has changed us, and our societal behavior with regard to employment, but, the rest of the economics world…did not adjust to compensate for those changes forced on us.

    Case in point, if people no longer have higher pay, good benefits, and are switching from job to job to job because employers are using humanity like cattle they can just…switch on and off as needed, then how will people pay – consistently, 15 or 30 year mortgages, to be able to own a home outright? That dream for many, is dead. Will your next job allow you to make those payments you signed on the dotted line for 2 years ago? Or, 6 days ago? Do you hear anyone in the news talking about it? NO. Not at all. They just tell us to work harder, get a second job, and…save? If we need a second job, I can assure you, saving is not something such people do, easily. Also, how will we be able to do the same when it comes to a car? Or, any item we can’t just…afford, from our paycheck or by using a credit card? We can’t.

    Crapitalism, changes the rules, changes our behavior, but expects their rules and their contracts to remain the way they were. Advantage: corporations. Again! Or, we lose whatever it was, we originally poured a ton of sweat out and carefully planned, to…get.
  • Donald Bellunduno
    published this page in Ask Prof. Wolff 2017-12-05 19:59:19 -0500