this post was submitted on 09 Mar 2025
13 points (100.0% liked)

Work Reform

10960 readers
78 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] AFKBRBChocolate@lemmy.world 1 points 1 day ago (4 children)
[–] stebo02@lemmy.dbzer0.com 1 points 1 day ago (3 children)

someone remind me what happened in the 70s

[–] AFKBRBChocolate@lemmy.world 1 points 1 day ago

As I understand it, it's the effect of a number of policy decisions intended in the surface to stabilize the economy. They stopped approving minimum wage hikes, they accepted a higher rate of unemployment due to factory automation, etc. Also, the difference between worker and executive compensation has grown tremendously.

collapsed inline mediaimage

[–] Zink@programming.dev -1 points 1 day ago

I can only answer your question with a question: https://wtfhappenedin1971.com/

It’s crazy seeing how old the graphs on that site are now.