Opting out of capitalism
One of the huge benefits of the pandemic has been that it’s allowed people to reflect on their lives. And many people, it seems, realised that their jobs (or work in general) makes them unhappy.
The lying flat movement, or tangping as it’s known in Mandarin, is just one expression of this global unraveling. Another is the current worker shortage in the United States. As of June, there were more than 10 million job openings in the United States, according to the most recent figures from the Labor Department — the highest number since the government began tracking the data two decades ago. While conservatives blame juiced-up pandemic unemployment benefits, liberals counter that people do want to work, just not for the paltry wages they were making before the pandemic.Source: Lying Flat': Tired Workers Are Opting Out of Careers and Capitalism | The New York TimesBoth might be true. But if low wages were all that’s at play, we would expect to see reluctant workers at the bottom of the socioeconomic ladder, and content workers at the top. Instead, there are murmurs of dissent at every rung, including from the inner sanctums of Goldman Sachs, where salaries for investment bankers start at $150,000. According to a leaked internal survey, entry-level analysts at the investment bank report they’re facing “inhumane” conditions, working an average of 98 hours a week, forgoing showers and sleep. “I’ve been through foster care,” said one respondent. “This is arguably worse.”