by Kingcoal » Sat 27 May 2006, 10:48:00
Actually, throughout history, abstract work has tended to pay more, a lot more, than "real work." Farming has never paid more than it does now. Before the "energy age" (circa 1200AD), farmers were themselves property of the local lord (landlord.) They paid their “keep” with most of the fruits of their labors.
Back then, tradesmen where kind of like the middle class today. They had skills, which they sold to the highest bidder. They banded together in guilds, similar to today’s labor unions. The master tradesmen had their apprentices do the hard work. The tenant farmers dreamed of sending their kids off to be apprentices to the tradesmen, kind of like sending your kids off to college today.
There you go, before the hydrocarbon age you had a social structure in which real work, Gods work, was devalued even more than it is today. Even back in the days of hunting and gathering, abstract work tended to pay more. Establishing a territory and taxing the residents of that territory via promises of protection was still the norm. Pay up or suffer the consequences. Tony Soprano would do well in any epoch.
It's clear to me that owning property and leveraging that ownership (through the enforcement of property rights) to obtain goods and services has always been the best path to wealth. I don't see any change in that, peak oil or no peak oil.
In fact, if you really think about it, the lower classes have never been more empowered, more respected and cared for in all of history. Today’s hydrocarbon powered societies hold high minded egalitarian ideas which tend become to socially expensive when the shit hits the fan.
"That's the problem with mercy, kid... It just ain't professional" - Fast Eddie, The Color of Money