Comment
Comment by golemiprague
The advantage of working from home was that you could take care of kids and do all the housework, this worth thousands of dollars per months. For years companies didn't adjust salaries in accordance to inflation and the cost of outsourcing kids care and house care, all that while keeping interest rate low and bailing rich bankers with printing of money. This caused funneling of wealth from the workers to asset holders which increased house and stock prices rather than creating new actual wealth or GDP per capita while destroying almost every class of society except the 1 percenters who became richer. It is about time the system will balance itself otherwise the western world will go back to de facto feudalism.