Tomorrow, Sep 5, is Labor Day

A sufficient population of sufficiently educated, motivated, compliant workers is always a macro economic topic.

I like this description of the Labor Day holiday, published in USAToday.

But the holiday really celebrates the social and economic achievements of American workers.

How did Labor Day begin? What to know about the celebration of the American worker
Sep 2.
https://www.usatoday.com/story/money/2022/09/02/what-is-labo…

What does that mean?

Ray Dalio says* (I’m gonna LOOSELY paraphrase here) that he’s studied the rise and fall of the significant empires, and that each one has a period of ascendancy (about 200 years?) in which the people of the ascendent empire all worked toward the same goals: strong economy, strong GDP, strong military, strong government, strong patriotism - people supporting ghe government, independence/dominance of other countries, etc.
Dalio says the over arching mindset was unity, a “one-for-all, all-for-one” attitude amongst the population.

You know: be loyal to your company/country, and that loyalty will be rewarded.
The JCs’ American Dream.

Today’s American worker, especially the younger workers, is denigrated with “quiet quitting”.

“Quiet firing” is the JCs side.
Forget quiet quitting – here’s how to tell if you’ve been ‘quietly fired’
https://www.independent.co.uk/life-style/quietly-fired-quiet…

Never receive feedback or praise, not updated on critical aspects of your work, and awarded minimal or no pay raise? You could be being “quietly fired”.

While “quiet quitting” has gone viral on social media in recent weeks – a concept that sees workers doing only the bare minimum of what a job entails, rather than helping out with additional tasks or “going the extra mile” – “quiet firing” has emerged as a counterpoint to this theory.

So called “Quiet Firing” is NOT new.
I’ve known people who were “quiet fired” all my life. And, I’ve heard of many “2nd/3rd hand” quiet firings, too.
I myself was “quiet fired” one time. The other 10 times I was The Quitter.
Be that as it may, “Quiet Firing” has been an arrow in the JCs’ quiver for as far back as I remember.

Why did I post about Labor Day?
This YouTuber, Tom Nash, has a cautionary Labor Day story.
Nash is not work place (or child) appropriate.
Faking it
https://youtu.be/xaVXO9sG_gM
My take away from Nash’s story (I’m again LOOSELY paraphrasing): while you are laboring at that job you hate, but that pays well, save enough money to FIRE yourself.

:alien:
ralph

  • Dalio says a lot of things, and my paraphrase above is a bit loose, cause I want to emphaisze just “good worker” aspect of his thoughts. .
    Dalio talking his Book:
    https://youtu.be/xguam0TKMw8
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Ray Dalio says* (I’m gonna LOOSELY paraphrase here) that he’s studied the rise and fall of the significant empires, and that each one has a period of ascendancy (about 200 years?) in which the people of the ascendent empire all worked toward the same goals: strong economy, strong GDP, strong military, strong government, strong patriotism - people supporting ghe government, independence/dominance of other countries, etc.
Dalio says the over arching mindset was unity, a “one-for-all, all-for-one” attitude amongst the population.

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LOL! Which empires is Ray Dalio talking about? Most empires had kings, queens, with slaves, serfs doing most of the work, women were not allowed to vote, only limited men could vote, military service was mandatory, laws that only served kings/queens/nobles/wealthy, and 95% of the workers were poor and starving.

Jaak

3 Likes