
Why Is The Central Valley So Bad?
Astral Codex Ten Podcast
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Central Valley
Capital started off rising very quickly, flattened out in the late fifties, started climbing again in the late sixties and reached its high point in the mid to late eighties. This is because there are usually lots of industries for people to branch out into. But the central valley only has agriculture. Also, businesses were becoming better at mechanizing their operations, although technology doesn't usually lower wages. The majority of us hired farm workers live in california's central valley. It makes it a sort of plantation agriculture system which naturally tends toward landowners taking all the gains and workers ending up as an underclass.
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