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Why do jobs in many places (such as USA) require credentials/experience/etc. that they previously didn't require? (lemmygrad.ml)

submitted 7 months ago by [email protected] to c/[email protected]

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I'm looking for an answer to this question that is based in Marxist analysis.

You know what I'm talking about. Job positions that required advanced degrees when they previously required undergraduate degrees, positions that require bachelors degrees when they used to just require high school, positions that previously had no formal education requirements but now require a high school diploma, etc. Along with jobs that require more experience when they previously required less or even none.

The most common answer I find is more advanced technology but I don't think that's the full picture. Can you guys explain?

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[–] [email protected] 0 points 7 months ago

it's just plain old supply and demand

from a marxist view, there is something to be said about how the boom/bust cycle of capitalism incentivized people to get college degrees (and in recent years, tech-oriented degrees in particular) during the boom phase, which created an oversupply that more than meets the demand now that we are in/approaching the bust phase