Britain has built an economy that is unusually hostile to the lower-productivity worker

Seth Walsh

Seth Walsh

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low education → weak wage opportunities → benefits/inactivity → skill decay → social detachment → even lower employability.


The really interesting class implication is that Britain increasingly bifurcates into:


  • credentialled workers plugged into London/professional services/public-sector graduate tracks;
  • asset owners whose wealth compounds independently of labour;
  • a large group for whom participation in the formal economy barely pays.
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social class is increasingly determined not simply by someone's current salary, but by whether they occupy a compounding economic trajectory at all. A mediocre starting salary inside a strong trajectory can dominate a higher static wage remarkably quickly.
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  • +1
Reactions: Klassek, unknownincel, inversions and 1 other person
i’m not surprised, half of the governments money goes to supporting immigrants free housing, healthcare and food, while trying to completely neglect the citizens
 
  • JFL
Reactions: Seth Walsh
I would even agree to the title of this thread
 
  • +1
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