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thesmtsolver | 3 months ago
This will be a repeat of manufacturing going outside of US due to reduced standards (labor and pollution) and therefore cheaper manufacturing in China. And due to that blue collar work got destroyed in the long term.
Logically, unless there are high trade barriers for software/services/goods from countries that don't have similar standards, long-term, these jobs will just shift there.
syntaxing|3 months ago
infecto|3 months ago
jaccola|3 months ago
If that is the case, then adding trade barriers also doesn't fix anything. Adding the trade barriers would ultimately just produce a lower standard of living. You'd essentially have an isolated system and the system is now producing less, so necessarily there will be less for everyone in the system.
Adding trade barriers also doesn't fix the threat of an adversarial country working 50% more than you for the next 50 years and as a result having the infrastructure to dominate you in numerous ways.
therealpygon|3 months ago
That’s a pretty big assumption. From what perspective, since the “working less” is only the perspective of the worker?
Production is not a zero-sum game that assumes companies make zero effort to invest in more manpower rather than profits.
Profit rates, however, are a significant part of the problem as each US company in the chain attempts to maximize profits they obtain from the next and avoid any competition (often using the legal system for protection). That doesn’t occur in the areas you mention because competition is the name of the game in those countries, which is why they have maximized production and flexibility.
mariusor|3 months ago
Per capita, let's say yes, though I think there are people that assert that individual productivity is higher when working less hours.
But as a whole, probably not. In aggregate companies will pay more people less money, to do the same amount of work, so I think it should balance itself out.
piker|3 months ago
matsemann|3 months ago
liampulles|3 months ago
In terms of hours worked per week, I have rarely worked more than 40 hours per week (and I mean by that that I'm contracted for 40 hours and rarely work overtime). I know people who work more than that, and sometimes much more than that, which is a function of their skills and what kind of job they can secure (as well as their appetite for overtime), but I'd say my situation is fairly normal for people with ze skills. I also worked at a company which did 32 hour work weeks (which they did as a perk to retain people, not because they were forced to).
Software dev skills are quite scarce here, and South African devs are already cheap enough that it is difficult to try and offshore that work (although I know a few SA companies which have contracted companies in India for work). I also know many SA devs who have emmigrated to other countries which themselves have scarce software developers, but where the salaries and "standard of living" is perhaps better.
throw-qqqqq|3 months ago
There will always be someone willing to undercut. Should that be reason for us all to race each other to the bottom?
I personally don’t think the negative consequences of working a little less (on paper!) are proportional to the positives.
Ray20|3 months ago
May I have the list of such countries with a level of prosperity comparable to the US (which seriously consider an $85k tax-free minimum wage)?
Your "everything is still thriving" on paper turns out to be "everyone except the elite is drowning in poverty and they can't complain about it because then their totalitarian government will declare them terrorists or something" in practice. All the time.
mc32|3 months ago
There may or may not be a connection to work habits, but we should find out and then decide if we’re okay with the consequences (like the lowest GDP per capita state (AL) being on par with Germany). Maybe we’re okay with playing second fiddle. But we should know what we’re in for.
Pungsnigel|3 months ago
rayiner|3 months ago
But it's a fiction built on U.S. force projection. It's become apparent that none of these countries could defend themselves against an aggressive competitor.
eastbound|3 months ago
And that there’s no B. So we’re thriving on debt.
unknown|3 months ago
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nakal|3 months ago
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meheleventyone|3 months ago
bee_rider|3 months ago
thesmtsolver|3 months ago
esafak|3 months ago
thesmtsolver|3 months ago
Neither am I. But how do you prevent countries doing 996 from dominating the market like they did in manufacturing without strict regulation and barriers?
Arch-TK|3 months ago
skeeter2020|3 months ago
array_key_first|3 months ago
Should we go ahead and bring back slavery for "competition"? I mean, you can't compete with free labor, right?
We have to draw the line somewhere, and that somewhere is arbitrary. We're not changing any decisions here - 32 hours/week is equally as arbitrary as 40.
freefaler|3 months ago
When you start overtaxing, you are just milking the cow and not feeding her enough. She'd last for some time but then't you won't have a cow and milk.
You're absolutely correct, but most people don't understand how even a simple "village-size" economy works. They think money is just "printed" and "government will enforce our standard of living".
ForHackernews|3 months ago