Outside of me getting into a Capitalism vs Socialism debate which I could not care less about doing, you're equating manual labor with literal hard work.
you sure do have a pretty nuanced definition of "hard work" if "poo that privileged people go to college to avoid entirely" doesn't factor in at all
Just as the case with the people you referenced that are out of work with masters degrees, people are usually compensated based on how hard they are to replace or how much revenue they produce. Outside of that, compensation is typically commensurate with a person's inability to fill one or both of those niches.
whoa wait a minute i thought the secret to being employmed or just not being poor was "being smart" and "working hard". is it:
I know that's not popular, but I don't really know anyone who's smart and hard working and is out of work or near the poverty line.
compensation is typically commensurate with a person's inability to fill one or both of those niches
is it important to be smart and work hard, or is it important to fill a particular niche? or is it important blow your way to the top, as hinted by tensor?
Hate to break the bad news to you, but it's not that big, bad mean old hedge fund manager's fault that those Master's Degrees your friends have may not be as valuable as they had hoped, and that the warehouse worker could be replaced with relative ease comparatively. If it makes you feel any better, that sinister HFM will also end up paying more in taxes in a couple years than everyone in that warehouse combined over their entire life.
you're right, it's not the fault of the parasitic elites; it's our flawed economic system that allows one person to manage capital and "earn" hundreds of times more than the median income for work that is certainly not hundreds of times more difficult, while the true producers of our society endure wage slavery. if any one group of people is to blame, it's the middle and upper-middle classes who perpetuate this broken system because they've bought into this "just be smart and work hard and one day you'll be super rich" bullshit
btw the people i referred to worked for an organization that helped people recently released from prison to reintegrate. among other things, they helped to build their resumes, taught them how to conduct themselves in an interview, and provided temporary rooms, contingent upon their continuous search for a job (while also providing in-house work opportunities like landscaping). it's tough to argue that their work "isn't valuable" (unless you don't understand things like recidivism rates); it's just not valuable to the people who control the majority of the wealth in america. it's silly to think that value is accurately represented by profitability, as that line of thought ignores social costs and benefits.
The point I was and continue to make is this: if we think our financial concerns as a country would be best solved by increased taxation of the rich, we're going to continue blaming a problem we don't really have.
as wealth inequality increases, what other option is there?*
*note: libertarian fan-fic isn't an option