[+]novictim0 points1 point1 point
ago
(edited ago)
[–]novictim[S]0 points
1 point
1 point
(+1|-0)
ago
(edited ago)
"Our economy has gone away from what it once was. "
I hope you realize that you did not say anything yet. You're describing what you think is our current state but not the economic reasons behind the decline.
Saying everyone is greedy or that chasing profits is the culprit doesn't get to the root of the problem or really give us a description of our straight forward and bonehead-simple predicament.
Consumption MUST EQUAL Production. If one goes up, the other goes up. If one goes down, the other goes down. Start from there.
Or maybe our society is moving away from a consumption/production model.
With robots 1 employee can now produce what 10-100 employees could 20 years ago, so those 99 employee are expected to still consume when they no longer have a job.
Added to that new job growth for new industry has not replaced the lost jobs, and all new profits from not having a human labor force are going to owners and shareholders who are then reinvesting in an ever increasing bubble of greed.
The only reason solution is popping the bubble and rebuilding.
[–] novictim [S] 0 points 1 point 1 point (+1|-0) ago (edited ago)
"Our economy has gone away from what it once was. "
I hope you realize that you did not say anything yet. You're describing what you think is our current state but not the economic reasons behind the decline.
Saying everyone is greedy or that chasing profits is the culprit doesn't get to the root of the problem or really give us a description of our straight forward and bonehead-simple predicament.
Consumption MUST EQUAL Production. If one goes up, the other goes up. If one goes down, the other goes down. Start from there.
[–] yewbontheboat ago
Or maybe our society is moving away from a consumption/production model.
With robots 1 employee can now produce what 10-100 employees could 20 years ago, so those 99 employee are expected to still consume when they no longer have a job.
Added to that new job growth for new industry has not replaced the lost jobs, and all new profits from not having a human labor force are going to owners and shareholders who are then reinvesting in an ever increasing bubble of greed.
The only reason solution is popping the bubble and rebuilding.
[–] [deleted] ago