Why is the jobs-are-bad narrative so pervasive—and intuitive? Perhaps because no one has bothered to look at the evidence
It certainly lacks historical awareness. Compare the current discussion with the one during America’s postwar boom. Few people back then believed that they were living in a golden age of labour. Commentators were instead full of angst, worrying about the “blue-collar blues”. They said that unionised factory jobs—the very sort that today’s politicians yearn to restore—consisted of repetitive, dangerous work which involved all brawn and no brain. Others fretted over pay.
This is not the only reason to question today’s pessimistic narrative. By any reasonable standard work is better today than it was. Pay is higher, working hours are shorter and industrial accidents rarer. If the jobs-are-bad narrative falls down on the facts, why is it so pervasive—and so intuitive? Partly it is because no one has bothered to look at the evidence. Other observers just don’t like the constant change and churn which has always been part and parcel of capitalism. More still may subscribe, perhaps subconsciously, to what Friedrich Hayek, a philosopher, called an “atavistic” view of markets.
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