The Death of the Middle-Class Musician

Until we start viewing "fanciful" ideas as realistic, our problems will persist. This article is another in the long series of observations of seemingly distinct problems which are actually facets of a larger problem, namely that overall economic inequality is way too high. It's not just that musicians, or actors, or grocery store baggers, or taxi drivers, or whatever, can't make a living, it's that the set of things you can do to make a living is narrowing more and more. Broad-based solutions like basic income, wealth taxes, breaking up large market players, etc., will do far more for us than attempting piecemeal tweaks to this or that industry.

Minimum wage hourly jobs like grocery baggers need to be able to survive off a 40-hour week, and it's a societal problem if they can't.

Taxi drivers are essentially sole proprietors who set their own hours and accept higher risk for a higher payoff. Demand and supply will calibrate themselves unless the government distorts the market (eg. taxi medallions).

Musicians and actors are and have always been in a brutal power law market where all the wealth accrues to the 0.1% at the top of the heap. This drives exploitation since people will do anything to get to the top, but at the end of the day society does not need them the way it needs taxi drivers or grocery baggers and there is no economic rationale for subsidizing them.