Make your predictions, experts
On 2012-11-07, Gunner wrote:
On Tue, 06 Nov 2012 15:37:21 -0600, Ignoramus5113
wrote:
On 2012-11-06, Karl Townsend wrote:
...
This fundamental issue is also combining with automation to further
erode the ability of a country's economy to gainfully employ the
majority of it's population. When the production of all the products and
services required by 100% of the population only requires 20% of the
population's labor you have another serious problem that has no easy
solution.
The easy solution is called a service economy. Nobody said that
"production" is the only real economic activity.
So the easy solution is to have everyone shining everyone elses shoes.
Well, if, say, there is a super brilliant CNC machine that makes all
goods without any labor input, then, yes, we can have an economy where
95% of people earn a living by providing services.
Odd how you cant remember the Dialectic, yet its oviously ingrained
into your id.
Gunner
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