[quote=FlyerInHi][quote=dumbrenter][quote=FlyerInHi][quote=The-Shoveler]The age of abundance.[/quote]
I agree. But that works only is if we find a way of spreading the abundance. No matter how cheap the goods are, people who have no jobs and no income cannot buy them.
More leisure jobs and spending would be a win-win.[/quote]
I have a slightly negative or less optimistic view on that.
More productivity or abundance means the more dilution of individual labor hence the less per-unit value an individual worker will have for the top 1% which in turn means the 1% will have means to exert more control.
For example, look at what ERP did to finance teams in companies.[/quote]
You’re assuming the social system won’t change.
In America, there be will change because angry white men with guns and no jobs will demand change. That will give new meaning to spreading the wealth.[/quote]
This could be one of the consequences.
But is there a historical example for this? I’m thinking tea party is NOT what you had in mind as an example!
