How Inflation has Destroyed the Nuclear Family

[AlexMerced]

YouTube - How Inflation has Destroyed the Nuclear Family (http://www.youtube.com/watch?v=15SASHD6-sU)

[Baptist]

Your video reminded me of this one that I saw a few years back.

YouTube - The Coming Collapse of the Middle Class (http://www.youtube.com/watch?v=akVL7QY0S8A)

[cindy25]

inflation has only effected certain items;
b/w tv was $335 in the early 60s
VHS player was $600 in the early 80s
3 min phone call USA to Japan was $18 in the 60s

[Vessol]

Excellent video. However I think you kinda overdid the reassuring that you aren't a proponent of "nuclear family=only family", you said that like 3 times :P. But good video overall.

[AlexMerced]

Yeah, I'm always careful to make sure to be as careful about what I say, I got to protect my bipartisan appeal

[brandon]

I was actually just thinking yesterday about how capitalism destroyed he nuclear family. I'll elaborate later. I'm late for work!

[teacherone]

blame WWII and women entering the workforce thus doubling it and diluting wages.

that coupled with the feminist movement and you've got your answer.

[tjeffersonsghost]

blame WWII and women entering the workforce thus doubling it and diluting wages.

that coupled with the feminist movement and you've got your answer.

I think a combination of inflation and your statement can sum it up well. I think you need to add in our consumerist materialistic mentality most have also. People are infatuated with things....

[brandon]

The nuclear family is inherently a collectivist, socialist entity. Through division of labor higher total output (profits) can be achieved by certain people specializing in raising kids for everyone (day care) and others working in other areas (women in the workplace). It's more economically efficient.

[MoneyWhereMyMouthIs2]

inflation has only effected certain items;
b/w tv was $335 in the early 60s
VHS player was $600 in the early 80s
3 min phone call USA to Japan was $18 in the 60s



Technology has made those things cheaper so they have overcome than the inflation rate by a large amount.

There are often several economic forces working at once, but you can only see one direction of price move.

[TonySutton]

inflation has only effected certain items;
b/w tv was $335 in the early 60s
VHS player was $600 in the early 80s
3 min phone call USA to Japan was $18 in the 60s

The reality is, those items should be even cheaper. In the 1960's, households only had 1 TV in the house. Now there are several in each house. The same holds true for VCR/DVD players. Satellites are now handling phone traffic around the world where in the 1960's we had copper wire connecting the continents.

All of these have high volume drivers which should lower costs.

[AlexMerced]

blame WWII and women entering the workforce thus doubling it and diluting wages.

that coupled with the feminist movement and you've got your answer.

Nothing wrong with falling wages if productivity increases make prices go down with it, the problem in those days was there wasn't productivity cause so many resoruces were tied up in the war and the federal reserves activities caused to much malinvestment not allowing innovation and investment to occur where consumers wanted it.

If you had let consumers decide where that extra labor went, then you would have seen increased puchasing power despite lowering wages.

It's not womens fault, it's not immigrants, it's not lower wages that's the problem

it's losses in productivity due to mal-invesment either by fiscal policy or monetary policy

[teacherone]

^^^ you were talking about the breakup of the nuclear family. i gave you some better reasons than inflation...

[AlexMerced]

Yeah, but to me it still comes down to the trends you mentioned still at heart coming from inflation:

- We couldn't of been in WWII if it weren't for inflation

- the continued inflation post WWII forced spouses to remain in the labor market

I understand your argument, but even those trends when traced back have their roots in inflation