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RedCappedBandit

(5,514 posts)
10. Gotta love it
Thu Jan 24, 2013, 11:09 PM
Jan 2013

Technology enables us to produce more with less work, and yet only a tiny fraction of the population reaps (and hoards) the benefits.

Ah capitalism.

this is interesting, and probably right. maggiesfarmer Jan 2013 #1
A must read BeyondGeography Jan 2013 #2
If you accept the premise of the article, I think the natural question to ask is maggiesfarmer Jan 2013 #3
and if the good and services can be provided to all with fewer people and more machines how applegrove Jan 2013 #4
I think that's the next question after mine, actually. maggiesfarmer Jan 2013 #7
Fact is unless the middle class can participate in the economy in great numbers the rich will applegrove Jan 2013 #9
Um, if you are an Occupier, you are a Socialist (at least based on what I observed coalition_unwilling Jan 2013 #21
Nope. Over 50% of Americans supported Occupy. They are not all socialists. applegrove Jan 2013 #22
We have an opening for a VoIP engineer.. snooper2 Jan 2013 #15
A post-work, post-scarcity economy was once the dream of anarchists and leftists alcibiades_mystery Jan 2013 #5
Life Magazine, 1972 BeyondGeography Jan 2013 #6
Right around the time of the big Lordstown wildcat strikes alcibiades_mystery Jan 2013 #8
What the utopian socialists believed was possible was a post-industrial economy where profits leveymg Jan 2013 #12
Gotta love it RedCappedBandit Jan 2013 #10
They reap what benefit? Generic Other Jan 2013 #11
we may get to that point someday, but clearly the profits are still there today maggiesfarmer Jan 2013 #13
Really? RedCappedBandit Jan 2013 #14
I was imagining this futuristic world where robots replace workers Generic Other Jan 2013 #16
It's so obvious what is going on here. duffyduff Jan 2013 #17
Technological progress can't be stopped and neither can an employer's desire for more efficiency fujiyama Jan 2013 #18
I'd like to see a study that compares jobs lost to cheap labor to jobs lost to automation... Scuba Jan 2013 #19
It would be useful to get comparative data. Manufacturing employment is declining everywhere, even pampango Jan 2013 #20
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