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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://graeber.social/users/DGI/statuses/114152199176294118">David Graeber Institute (dgi@graeber.social)'s status on Thursday, 13-Mar-2025 17:45:27 JST</a><a href="https://graeber.social/@DGI" title="dgi@graeber.social"><img src="https://gnusocial.jp/theme/gnusocialjp/default-avatar-stream.png" width="48" height="48" alt="David Graeber Institute" style="position: absolute; left: 0; top: 0;">David Graeber Institute</a></section><article><p>It is always worth remembering that the level of someone's pay is not an accurate measure to their value to society and importance in the economy.</p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/4723830#notice-9250613">In conversation</a><time datetime="2025-03-13T17:45:27+09:00" title="Thursday, 13-Mar-2025 17:45:27 JST">about a month ago</time> <span>from <span><a href="https://graeber.social/@DGI/114152199176294118" rel="external" title="Sent from graeber.social via ActivityPub">graeber.social</a></span></span><a href="https://graeber.social/@DGI/114152199176294118">permalink</a><h4>Attachments</h4><ol><li><label><a rel="external" href="https://gnusocial.jp/attachment/4291923">Similarly, there's a reason why those who work in the financial 
sector, and who have extremely well-paid occupations more 
generally, almost never go on strike. As Rutger Bergman 
likes to point out, in 1970 there was a 6-month bank strike in 
Ireland and rather than the economy grinding to a halt as the 
organizers had anticipated, most people simply continued to 
write checks, which began to circulate as a form of currency, 
but otherwise carried on much as they had before. Two 
years before, when garbage collectors had gone on strike 
for a mere ten days in New York, the city caved in to their 
demands because it had become uninhabitable.
.
  - David Graeber</a></label><br><a href="https://cdn.masto.host/graebersocial/media_attachments/files/114/152/198/541/608/290/original/241f86d395093534.png" rel="external">https://cdn.masto.host/graebersocial/media_attachments/files/114/152/198/541/608/290/original/241f86d395093534.png</a></li></ol></footer></blockquote>

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David Graeber Institute (dgi@graeber.social)'s status on Thursday, 13-Mar-2025 17:45:27 JST David Graeber Institute
It is always worth remembering that the level of someone's pay is not an accurate measure to their value to society and importance in the economy.
In conversationabout a month ago from graeber.socialpermalink
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1. Similarly, there's a reason why those who work in the financial sector, and who have extremely well-paid occupations more generally, almost never go on strike. As Rutger Bergman likes to point out, in 1970 there was a 6-month bank strike in Ireland and rather than the economy grinding to a halt as the organizers had anticipated, most people simply continued to write checks, which began to circulate as a form of currency, but otherwise carried on much as they had before. Two years before, when garbage collectors had gone on strike for a mere ten days in New York, the city caved in to their demands because it had become uninhabitable. . - David Graeber
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