Re:Japan’s Disposable Workers: Dumping Ground [video]
by eropple on Monday October 31, 2016 @02:27PM
(#12839573)
That all sounds lovely. Except modern automation means further concentration of wealth in the hands of a microfraction of society, leading to not being able to pay for any of that because a monopsonistic economy means very bounded demand which leads to crushingly low wages. And any sort of skilled-service jobs require an economic base to get into in the first place--money that you don't have because the money is not in your or your parents' hands. BRB, reinventing peasantry. Or worse.
Economic activity doesn't magically happen when all of the lubrication for the engine is left in a bottle on the shelf, which is what modern automation is happily barreling towards barring a significant reworking of society that will have all the invisible hand fiction-peddlers in the tizziest of states.
Economic activity doesn't magically happen when all of the lubrication for the engine is left in a bottle on the shelf, which is what modern automation is happily barreling towards barring a significant reworking of society that will have all the invisible hand fiction-peddlers in the tizziest of states.