Quietly Quitting the Rat Race — Other than second homes and screwing over Millenials, there’s nothing Boomers love more than lamenting the labor shortage.
It’s funny how “market forces” are gospel when CEO pay is hundreds of times that of the median employee, but when labor is in high demand, the market is broken.
There’s obviously other factors at play, but isn’t a shortage resolved by… raising prices? There are inflation feedback loops and other issues that can come up, but it doesn’t necessarily imply some structural problem.
Talking heads have been fuming about the “quiet quitting” trend lately. Instead of talking about an economic imbalance between supply and demand, it’s “does anyone want to work anymore?”
The general theme I’ve gotten is that quiet quitting basically means getting your job done without a modicum of extra effort. That may not be #riseandgrind material, but it doesn’t seem like a crime, either.
Clearly, many take it too far. We all know that one coworker who never has his camera on and is definitely playing Fortnite while muted.
But still, there’s just something irksome about hearing the likes of billionaire Jamie Dimon whine about current labor trends working against them. Wonder why he’s so adamant about in-person work? His company’s huge investment in NYC real estate might be juuust a small part of it…
All this hand-wringing about remote work and lazy American workers seems like it could be solved with better measures of output. Isn’t the bottom line all that matters? Maybe loosening our grip on the 9-to-5 in favor of what people actually get done could calm everybody down.
Collaboration is touchy-feely, but at the end of the day, business owners just want to know that their employees are worth their pay. That’s easier with some jobs than others—I can add up a salesperson’s deals, but how do you grade a therapist?
I’m not here to say Boomers are all incompetent and resentful. The state of the US workforce is in absolute chaos right now, and nobody knows the endgame.
However, slamming the table and demanding your way or the highway may put a lot of CEOs out of work.
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