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HughBeaumont

(24,461 posts)
33. I told you this once before and I'll tell you once again . . . .
Fri Jan 17, 2014, 03:08 PM
Jan 2014

The notion that Laissez-fail can succeed long-term with no input whatsoever from workers is Fantasyland. What's it going to be . . . investor driven, with only the 250,000 or so people that are able to participate in investment instruments? And THAT survives somehow? Even the greedmongers needed American worker's money to fuel the stock market bonanza of the 1990s.

We cannot be a nation that's run by six corporations and 250 million people doing each other's hair or cleaning each other's houses; diminishing returns doesn't allow for such a thing to happen. Crime is going to go through the roof faster than the number of people on the public dole will. A consumer-based economy chock-loaded with overeducated and underpaid workers that have next to no ability to consume eventually crashes, and each subsequent crash is always worse than the previous one. This will usher in depression and violence unseen in the nation's history . . . and yes, I HAVE heard of "The Civil War".

I really wouldn't want to be the last six wealthy men in a poor kingdom of 300 million or even 6.99 billion. Laws no longer apply to people with nothing to lose.

I just read that, too. leftyladyfrommo Jan 2014 #1
McDonald's yeoman6987 Jan 2014 #3
We can't all work at McDonalds. leftyladyfrommo Jan 2014 #4
Actually, Kelvin Mace Jan 2014 #30
Don't fall into the Palin trap jmowreader Jan 2014 #37
I automated hamburgers is kind of cool. CFLDem Jan 2014 #6
I think the point is, "the next few decades" is the entire working lifetime for 1-2 generations. phantom power Jan 2014 #9
No shit. TheKentuckian Jan 2014 #13
We should do a work corp like during the depression. CFLDem Jan 2014 #17
I agree, we should phantom power Jan 2014 #22
You automated? I can believe that, LOL! bettyellen Jan 2014 #16
You can see what's happening all around us phantom power Jan 2014 #5
Message auto-removed Name removed Jan 2014 #12
Slow day at the library? hrmjustin Jan 2014 #14
Interesting.... MissMillie Jan 2014 #2
Don't look for funeral jobs. Funeral homes can also be automated jsr Jan 2014 #7
Message auto-removed Name removed Jan 2014 #8
Really? greatauntoftriplets Jan 2014 #10
David? David Brooks, is that you? phantom power Jan 2014 #11
Comparing Instagram to Kodak is stupid in the extreme jmowreader Jan 2014 #15
not really- they had an almost monopoly on sales/ service of consumer photography bettyellen Jan 2014 #18
that's exactly their point... phantom power Jan 2014 #19
This could be a good thing if we skimmed the scum off the top of our economy. hunter Jan 2014 #20
I agree... phantom power Jan 2014 #21
This is what utopian futurists used to predict when I was young. bklyncowgirl Jan 2014 #25
If I work fewer hours, I get paid less. I want more overtime, not less straight-time. NBachers Jan 2014 #32
Frankly I think that's too optimistic, there are going to be far more jobs eliminated than that n/t Fumesucker Jan 2014 #23
I'm interested to see how consumer-driven Capitalism continues . . . HughBeaumont Jan 2014 #24
They plan to sell to elites in China and India. bklyncowgirl Jan 2014 #26
It doesn't have to be consumer driven The2ndWheel Jan 2014 #31
I told you this once before and I'll tell you once again . . . . HughBeaumont Jan 2014 #33
The government will be forced to do the basic income thing at some point The2ndWheel Jan 2014 #34
I'm all for a Guaranteed Minimum Income. Even Milton Friedman suggested it. HughBeaumont Jan 2014 #36
Republican Agenda: Dismantle the social safety web in exactly 20 years-cuz librechik Jan 2014 #27
Oh and let the infrastructure go to hell so they can laugh at how many jobs librechik Jan 2014 #28
Productivity improvement without a strong mechanism to spread the benefit is a recipe for failure. lumberjack_jeff Jan 2014 #29
As a society we MUST address the needs of the people who used to have those jobs SoCalDem Jan 2014 #35
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