[lbo-talk] Re: market forms of "self-esteem"

joanna bujes jbujes at covad.net
Mon Jul 12 13:22:22 PDT 2004


Right. But neither retail nor finance jobs are particularly skilled, except that they involve a computer. Not to be a stick in the mud, but to the extent that retail is moving on-line, those jobs will go abroad; as for finance, they are moving those jobs abroad as fast as they possibly can.

Joanna

Doug Henwood wrote:


> frank scott wrote:
>
>> "...but the ATM makes the customer a part of the labor chain
>> even as she pays for the privilege..."
>>
>> i believe this began with self-service markets, doing away with clerks
>> and relying on customers to find items themselves... followed closely by
>> self-service gasoline stations, where you pump your own...this replaced
>> tons of workers, and the goods dealt with by "self" were not only the
>> same price, but usually more expensive in the bargain ...
>
>
> Not to be a boring old stick-in-the-mud, but these disappearing
> workers have been far outweighed by freshly appearing ones:
>
> U.S. EMPLOYMENT
> (thousands)
>
> total retail finance
> 1/70 71,175 7,425 3,485
> 6/04 131,301 15,061 8,038
> change 84% 103% 131%
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>
> .
>



More information about the lbo-talk mailing list