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Member since: Fri May 5, 2006, 06:55 PM
Number of posts: 1,941

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An important distraction

The kicker with these social issues is that they are not unimportant but that they are still distractions from greater problems, intentionally so.

A broken leg is not unimportant but if the patient is in cardiac arrest, it's not the biggest problem.

So while civil rights are important, while I have sympathy for gays and blacks and other persecuted groups, I'm also angry that we're expending so much energy on these fights that we have nothing left for the big fight, the economic screwing. And the thing is, that gets all of us, white and black, straight and gay, tall and short, fat and thin, we're all getting screwed. It's the have's vs. the have-not's and we can't even have this conversation.

So, we may well see gay marriage. Yay! Now you can grow old together and wonder how you will make ends meet without a social safety net, no retirement. It's a cute little cottage on a bluff overlooking the Republican hellscape. Enjoy the view.
Posted by jollyreaper2112 | Thu Mar 28, 2013, 11:25 AM (17 replies)

Technological Unemployment

To really simplify economics down to the base parts:

land (or natural resources) + labor + capital (means of production) = wealth

The big fights are always over who owns the land and means of production and how much labor gets out of it. A king without peasants to farm his lands is broke. A factory owner without workers is bleeding green. Despise the masses all they want, they're still necessary.

What happens when labor is removed from the equation? Land + capital = wealth. There's work for house servants and butlers, escorts and entertainers but do you need farmers, miners, factory workers? Not many, certainly not enough to occupy the surplus population.

This article hits today.


Half of Americas largest companies are bringing manufacturing back from China and China is quickly moving to Robotic manufacturing

The advent of truly sophisticated and relatively cheap industrial robotics and automation technology is beginning to change the global economic landscape.

A little over two years ago Terry Gou the CEO of Foxconn announced that over the next three years his company was going to begin phasing in up to 3 million industrial robots with an eye towards increasing efficiency and reducing labor costs. This announcement, from the world's largest electronics contract manufacturer, sent waves through the media and business community. Foxconn employs over 1.5 million people in China, in hundreds of plants and facilities, scattered around the country.

What is astounding about this information is the impact it already has had. According to Liu Kun, a spokesman for Foxconn, "We have canceled hiring entry level workers, a decision that is partly associated with our efforts in production automation." Moreover according to the International Federation of Robotics the growth of industrial robotics in China has been exceeding 40% to 50% a year, an unprecedented level of growth. The question that springs to mind is: What would happen if Foxconn actually had 3 million robots?

The end of work doesn't mean a utopian leisure paradise. It means we are sidelined, redundant, left to die. And there's no incentive in changing any of this.

I think this will be one of the great crises of our time, coupled with peak everything and climate change.

What say the collective wisdom of DU?
Posted by jollyreaper2112 | Wed Mar 6, 2013, 12:22 PM (8 replies)
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