4est_4est_Gump
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Why the rise of cosplay is a bad sign for the U.S. economy
Dressing up like Wolverine or Cersei Lannister is probably more fun than scouring the classifieds for menial jobs
By James Pethokoukis
RationalWiki assures Liberals that they are on the right economic path.
They just need to spend more and raise the minimum wage so that college grads can earn a decent living doing the jobs that Americans won't do...
Dressing up like Wolverine or Cersei Lannister is probably more fun than scouring the classifieds for menial jobs
By James Pethokoukis
Imagine you're a college graduate stuck in a perpetually lousy economy. That's a problem Japanese twenty-somethings have faced for more than 20 years. Two decades of stagnation after the collapse of the 1980s real-estate and stock bubbles — combined with labor laws making it tough to fire older workers — have relegated vast numbers of Japanese young adults to low-paying, temporary contract jobs. Many find themselves living with their parents well into their twenties and beyond, unmarried and childless.
Then again, they do have plenty of time to dress up like wand-wielding sailor girls and cybernetic alchemist soldiers from the colorful world of anime cartoons and manga comics. Indeed, Japan's Lost Decades have coincided with a major spike in "people escaping to virtual worlds of games, animation, and costume play," Masahiro Yamada, a sociology professor at Chuo University in Tokyo, recently told the Financial Times. "Here, even the young and poor can feel as though they are a hero."
It's hard to blame them. After all, it's not that these young adults in Japan are resisting becoming productive members of the economy — it's that there just aren't enough opportunities for them. So an increasingly large number of them spend an increasingly large amount of time living in make-believe fantasy worlds, pretending they are someone else, somewhere else. This is a very bad thing for the Japanese economy.
And guess what: America has a growing number of make-believe "cosplay" heroes, too. Many of the 130,000 people who attend the San Diego Comic Con every year invest big bucks in elaborate outfits as a way of showing off their favorite Japanese characters, as well as those from American superhero movies, comics, and "genre" televisions shows such as Game of Thrones. And this trend is growing — the crowd at Comic Con was one-third this size in 2000. In 2013, the SyFy channel even created a reality show about the trend, Heroes of Cosplay.
...
When you're disillusioned with the reality of your early adult life, dressing up like Doctor Who starts looking better and better. It's not to say that all or even most cosplay aficionados are struggling to find work. It's only to say that any rise in people fleeing reality for fantasy suggests problems with our reality.
... This isn't just a Great Recession thing. Economic growth has been historically slow since 2000, with the economy producing more high- and low-wage jobs than middle-wage jobs — what economists call "job polarization." Accelerating automation may create an even more lopsided labor market in the future, where only a tech-savvy sliver see rising wages from steady gigs. For everyone else, service jobs — often irregular — with little or no wage growth. Baristas and bartenders with Bachelors degrees — just what Mom always dreamed of for you.
Now, this is a future of what might be, not what must be. A U.S. economy with fewer barriers to startups, modernized infrastructure, and a better educated workforce could be more dynamic and prosperous for everybody. But that's not where we're heading.
RationalWiki assures Liberals that they are on the right economic path.
They just need to spend more and raise the minimum wage so that college grads can earn a decent living doing the jobs that Americans won't do...