Absolutely. I’ve said this very thing many times before. The problem is that we have to figure out how to allocate resources in a world where there is falling demand for First World workers who (used to) make a good living. Some of that is due to technology, and some of that is due to the off-shoring of good jobs/importing cheap labor.
Do we relegate all of those former First-World workers to the welfare rolls? Do we expect them to take menial jobs in service of the wealthy few…eating crumbs and living in crowded mud huts, while the rich get richer? How do you see that ending?
What sort of solutions do you see as an answer to the problem?
