I see ads for unpaid jobs on Craigslist every day. I should take one of these jobs, and screw up so badly that the company is forced into bankruptcy. I will get an internship at a law firm and "accidentally" send everything to the opposing counsel.
Interesting article, it's definately a race to the bottom from here.
First it was the get your highschool diploma and you will be set. Next it was get your associates and you will be set and then came the bachelor's and so on.
Now it's work for us for free and you might someday in the future get a good job. I will add that this could be a good idea for a high school grad to learn something and perhaps leverage it into something that pays in the future.
A college debt laden grad? Not a chance, in order to make the college investment pay off one must work right away. Time is money lads! Especially when burdened by high debt!
Regarding rent vouchers technically Walmart is allowed to bank in Mexico..but only a minority of homes in the country are actually mortgaged (I think less than 5%)
I expect the coporate rent and food vouchers to start to occur here in the U.S in the next decade or so, it's actually a beautiful sysem from the corporate point of view, you can lock in your employees to a product/service you have a direct financial stake in. The voucher will be key because it will give the illusion of choice.
This is just one of the many facets I see coming with the current trend of corporate dogma here in the United States, soon to known as the United Shithole to more prosperous nations. Make no mistake about it we are to blame for this and this can no longer be stopped.......
In a few years, new grads will have to *pay* to be able to say on their resume that their duties included lifting the boss's schlong so that the interns could clean his gonads with their tongues in the morning meeting.
When you guys BITCH about Corporate profits, you do realize you are bitching about your 401K profits don't you?????
The beatings will continue until morale improves and people start making money from their own merits and accord, and stop looking to be a rider on other endeavors and efforts to put your self in poor house by raising the cost of everything because every body wants a piece of the action. Mostly like the Wall Street ponzi scheme.
The more we invest the more they squeeze the workers the crappier the quality of goods and services get, and the richer the high level executives grow. You guys are feeding the pariah that are nibbling you from the outside in.
The more you feed them the greater your standard of living falls, and the mightier they grow. Sure you guys think you're investing for retirement. And you are, you are investing in "THEIR" retirement.
By the time this economy rebounds we will see 7K DOW again, that's a certain promise.
Those interns are desperate fools being taken advantage of by employers who don't give a shit, so to paint this as some triumph of capitalism pricing the labor markets is sociopathic in the extreme. What is next, you gonna argue that indentured servitude and no holds barred slave labor are perfectly fair and valid?
And people are already paying employers for the really high demand internships right now. Vouge was selling them for $40k a pop.
Given the high expense and "uselessness" of college degrees in preparing students for an actual job saying that people should pay into some kind of journeyman system on top of that is pretty awful. It'd be better to revamp the colleges so that they're cheaper and actually taught people what they needed to know to do a job once they get out.
I see ads for unpaid jobs on Craigslist every day. I should take one of these jobs, and screw up so badly that the company is forced into bankruptcy. I will get an internship at a law firm and “accidentally” send everything to the opposing counsel.
A god among men/women has spoken, it is too weep for joy.
yeah but it just means that those people are not in the house buying pool...even if unemployment is at 9%, that's a much smaller number when you're talking about the total population or house buyers.
while i agree that housing is still way overpriced when viewed in light of logic and financial reasoning, i think we've created way too many rich people with free money (at least in the bay) that short of a catastrophe, what the avg joe is able to afford is meaningless.
One has no one to blame but oneself. No one puts a gun on one's head and ask one to work for free. It's time to man up and accept one's responsibility. Don't blame it on the rich or the society.
You're a fool if you don't understand that these people don't really have any choice, just the illusion of one. More and more people are living out a real world version of Catch-22, which was unheard of just a few years ago.
More and more the "choice" being offered by society to people is to work for free to get "experience" and a good referral even with a college degree or to not even get a shot at getting a decent bottom rung job. WTF else you expect everyone to do, work at McD's or Walmart? In most places in the country you can't support yourself much less a family with a wage like that and there is nothing to grow into with a job like that, its dead end.
This is going to cause a race to the bottom for college level and/or semi skilled jobs since people will have to compete with free. Even if the free labor is half assed businesses will still use it to pressure wage earners to do more for less, as they have always done, and as they're doing right now.
And that "bootstraps" BS never works for the vast overwhelmingly majority of people, you might as well tell people to make a living by playing the lotto.
Having said that though we've always had a form of cheap labor in the country going back 500+ years.
There is a reason why that is heavily discouraged now both legally and socially you know. Besides the obvious hit to thier education it also creates another form of a race to the bottom in wages by creating an excess of very cheap labor. If you make the kids work the cost of living will adjust gradually, just like it has over the years to dual income earner family where both parents instead of just one work. What happens is you get a short term boost in the economy from the added labor but long term the costs actually go up, and unless you get your hands on lots more credit or start making the kids take 2nd jobs and such everyone actually ends up poorer.
But it was continent on then going to half pay and then going on full pay over the course of 90 days.
We already have the Probationary Period in the work place, there is no need for free labor as a "try before you buy" sort of scenario for the employers. Especially not when they keep paying less for more work.
If labor is free, imagine how cheap the goods and services will be...
How can you afford anything when you have no wage or your wages have been eroded via competition from no pay scabs so that you can barely scrape by?
What you think your employer will pay you more if you work harder? Did you not notice the charts show productivity rising while profits went to the top during a recession and after it that I posted in the OP? You know that has been happing for over 30 years right?
Why the hell do people keep falling for variants of the Just World Fallacy? Especially in favor of employers that keep screwing people over?