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RE: The Elites Want Your Job: You Are Nothing More Than An Expense
They are shooting themselves in the foot. If people don't have money to spend, who will buy all the automated crap?
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My view is debt is the solution. Private companies are increasing turning towards government debt to fund their decisions.
As long as they prop up the fiat system, nations can run debts and provide "everything for everyone". Publicize the debts while privatizing the profits.
Luxury products beyond anything the world has ever seen will be produced for the elite. How about private space travel for example? The unproductive masses who own nothing and won't be able to compete against automation will be exterminated eventually if nothing in our way thinking changes.
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Exactly @baah
I believe that each corporation will require safe environment to function.
If people will be losing jobs, protests and tension will increase. new political powers may emerge and many of those corporations will find themself having real difficulties.
Just let's have a look at currently suffering countries: Venezuela, South Africa, Greece etc. Collapse of economy and lack of jobs and opportunities crashed this country to the point, that even biggest corporations are either gone or controlled by ruling authorities.
So it's not that simple. Most corporations will not survive if common people will struggle. I would rather imagine situation I've experienced while working in IBM in Dublin.
I've noticed number of unskilled employees from various different countries, religions and races to be hired to work during night-shift and they had pretty much no responsibilities. Night shift wasn't really doing much except of cleaning and chilling out. IBM had to hire mix of different people and they did.
In the future we can probably witness tons of jobs like this.
yours
Piotr