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Comment by Herring

2 days ago

Again see Steve. Something can look like a good position and still rapidly deteriorate.

This one wasn’t that rapid either, you had plenty of warning. I remember discussing inequality with friends in 2014, and probably knew about it since Occupy Wall Street (2011). Or earlier.

Engineers were the privileged class. They were part of the group occupy wall street wanted to bring down. Not hard to guess why they didn't want that.

  • Privileged is too generic of a word that does not accurately describe the cohorts. There is the capital class. Occupy was after the Capital class but im not sure if they accurately zeroed in on that. Its been too long since then.

    Engineers were never part of that class. They work for a living while capital owns assets that work for them.

    Engineers were part of the "Intellectual Elite" class that made good money but were super socially progressive. (Think putting BLM signs in their yards while at the same time pricing out the people they claim to help).

    They ended up becoming a lot of the Elizabeth Warren cohort after being the Hillary and Obama cohorts(before it fractured into part Bernie part MAGA with the rest going to Hillary).

    Extremely socially progressive but don't you dare touch economics.

    • Having talked to Occupy Wall Street people at the time I don't think many on the ground differentiated as much as you think they did. I used a generic word because from my experience that is how they saw the world. I got told I deserved to have everything I own set on fire for saying I spent $100 on a nice dinner once. That was on the more extreme side but the sentiment seemed to not differentiate.

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  • I would say more precisely, engineers are closer to the managerial or capital wielding class; usually the adversary of the union.

    • They are closer but they are not part of the class so does it really matter how close they are? Engineer still has to trade their time for wealth in the form of work. Capital class has assets that work for them.

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    • Usually lumped in with labor aristocracy along with lawyers and doctors. Can go either way when it pops off.

    • i disagree. i also disagree that most people developing tech solutions for startups are engineers or are applying an engineering discipline. but i would agree that the majority of people in valley tech firms are closer to the rentier class than they are to working engineers.