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America’s Frozen Housing Market Is Warping the Economy
(www.wsj.com)
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this post was submitted on 30 Jun 2024
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Most people have always been OK with working reasonable jobs for good pay, though. Work is not the problem. Unchecked greed is.
Evidently given the state of affairs whatever share of "most people" has been tipping away from a balance.
Call it unchecked greed. Call it nobody wants to work anymore. It's two sides of the same coin. The framing is just hurting someone or others feelings. The underlying problem is the same. Too many greedy people don't want to work.
I think we should be careful. It's certainly true that greedy powerful people in the world today are getting increasingly aggressive about seizing more money and power, and that's terrible, and we need to do whatever we reasonably can to stop it.
I don't recall seeing any data that suggests the average level of greed among the general population has grown, or that the average desire to work among the general population has gone down.
The reason this distinction matters is because when someone makes the claim that too many people are greedy these days, it sounds like a problem with the general population, when what we're actually seeing is a problem with the ultra-rich.