Newfie wrote:Here is a news big that is somewhat relevant to this topic, and many other discussions we have had.
https://nypost.com/2018/02/10/heres-ano ... lling-off/
Who is to blame when the cashier becomes obsolete?
Is society to simply “off” them, deposit in the recycle bin like a Blackberry?
Or is there some obligation to the newly poor?
Newfie wrote:As I mention time and again we have been struggling with this dilemina for going on 80 years at least. The earliest discussion I know of is by Bertran Russel in about 1935.
Our failure to adapt to this new high level of automation is a large part of our social difficulties and high poverty.
I think Russel’s proposed solution seriously misses the mark. He drastically under rates how much people need to feel a productive part of society, even if it is a thinly veiled illusion. But he did start the conversation.
http://www.zpub.com/notes/idle.html
asg70 wrote:"lost its connection to the science"
Which says what?
Yoshua wrote:Another prophet, Peter Schiff
Yoshua wrote:Trump is going to get blamed when the economy tanks because the media has already decided that they are on the side of socialism.
Plantagenet wrote:Newfie wrote:As I mention time and again we have been struggling with this dilemina for going on 80 years at least. The earliest discussion I know of is by Bertran Russel in about 1935.
Our failure to adapt to this new high level of automation is a large part of our social difficulties and high poverty.
I think Russel’s proposed solution seriously misses the mark. He drastically under rates how much people need to feel a productive part of society, even if it is a thinly veiled illusion. But he did start the conversation.
http://www.zpub.com/notes/idle.html
What an interesting link. Bertrand Russel predicts that increasing technological innovation will create a virtual paradise:
[i]In a world where no one is compelled to work .... there will be happiness and joy of life, instead of frayed nerves, weariness, and dyspepsia. The work exacted will be enough to make leisure delightful, but not enough to produce exhaustion. Since men will not be tired in their spare time, they will not demand only such amusements as are passive and vapid.
Player Piano is the first novel of American writer Kurt Vonnegut, published in 1952. It depicts a dystopia of automation, describing the negative impact it can have on quality of life.[1] The story takes place in a near-future society that is almost totally mechanized, eliminating the need for human laborers. This widespread mechanization creates conflict between the wealthy upper class—the engineers and managers who keep society running—and the lower class, whose skills and purpose in society have been replaced by machines. The book uses irony and sentimentality, which were to become hallmarks developed further in Vonnegut's later works.[1]
Yoshua wrote:Another prophet, Peter Schiff: "But they [the Fed] can’t tell the truth that it’s really a bubble, and if we raise rates, we’re gonna prick it."
Outcast_Searcher wrote:Newfie wrote:Here is a news big that is somewhat relevant to this topic, and many other discussions we have had.
https://nypost.com/2018/02/10/heres-ano ... lling-off/
Who is to blame when the cashier becomes obsolete?
Is society to simply “off” them, deposit in the recycle bin like a Blackberry?
Or is there some obligation to the newly poor?
Who is to blame when any job becomes obsolete as technology changes things? I'm sure the buggy whip manufacturers and those who worked for them weren't big fans of Ford's assembly lines.
A better question might be, "What are we going to do about low skilled job losses, with automation making such rapid and widespread strides"?
And I'll opine that in the US, the response from BOTH sides of the aisle, as usual, is pretty much crickets when it comes to substance or long term thinking.
I still think we should be at least testing the idea of a basic minimum income with some seriousness. But that's only haphazardly happening to some extent in parts of Europe / Scandanavia, from what I've read.
Of course, OTOH, you can't even get people to agree that a basic minimum income wouldn't provide solid middle class income, but only get people out of dire poverty (i.e. provide a backstop and some transitional help), but we still seem to have too many people who think that other peoples' money grows on trees. (See Switzerland).
http://www.bbc.com/news/world-europe-36454060
evilgenius wrote: The problem lies, really, in the disconnection the US economy has developed between the investment world and your average locale within America.
KaiserJeep wrote:IMHO, the BMI is the stuff of nightmares.
Newfie wrote:BMI = Basic Minimum Income
Or
BMI = Body Mass Index
??
KaiserJeep wrote:No homeless folks would get fat or have a child eating kibble, the people rationing is designed to prevent that. Calories are carefully controlled, and hormones are added that prevent reproduction.
Then we need to round the homeless up periodically and put them in camps so that they have a warm place to sleep.
The lucky ones would have sleeping quarters next to the warm ovens. The ovens that are fed with fracked natural gas, paid for by the tax dollars of the 20% still working, for the benefit of the 80% who have no income other than the government dole.
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