The Working Class Always Pays: A Structural Problem, Not Bad Luck

This article explores how the working class consistently bears the brunt of economic downturns, recessions, and crises. The author argues this is a structural issue, not just bad luck, and examines the role of middlemen and lack of direct worker-employer relationships as key factors.

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The article argues that the working class consistently bears the brunt of economic downturns, recessions, and crises, while those higher up the chain protect themselves first. This is not a conspiracy, but a structural issue rooted in the multiple layers between those who need work done and the workers who actually do it. Each layer takes a cut, leaving the worker with a fraction of what the buyer originally paid. This friction becomes catastrophic during crises. The author suggests that AI agents can potentially remove these middlemen and enable more direct economic relationships between workers and employers, leading to better outcomes for both. Additionally, stable payment methods like stablecoins can provide more reliability for workers during crises, when traditional payment infrastructure can become fragile.