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You seem to be contradicting yourself. Unemployed but working to support old people? That's employment. Not all jobs have to be in factories. Why can't elder ca
by averagewall 9y ago
You seem to be contradicting yourself. Unemployed but working to support old people? That's employment. Not all jobs have to be in factories. Why can't elder care be a booming industry that sucks up all the unskilled labor left behind by automation? The customers are the very people who can afford it the most.
- trelltron 9y agoYou don't understand the premise. The Parent is pointing out that taxation of working people is used to fund the care of others. Low (human) employment breaks that system. Having a large pool of potential workers is meaningless if there is no money to pay them for the work, or to pay for the other necessary elements that go into that kind of care.
- collyw 9y agoLets face it, there is plenty of money about, the problem is that much of it is is being stashed in offshore tax havens.
- enraged_camel 9y ago>>Why can't elder care be a booming industry that sucks up all the unskilled labor left behind by automation? Elder care is skilled labor.
- int_19h 9y ago> Why can't elder care be a booming industry that sucks up all the unskilled labor left behind by automation? The problem is not finding jobs for all the people displaced by automation. The problem is finding paying jobs. In your example, who is paying for all that labor? If it's unpaid, why would anyone do it? The obvious answer is that it's paid from the pension funds. But said funds are maintained by taxing income. So if your entire labor force is working to support older people by drawing on the pension funds that were originally produced by taxing those same older people, what happens when that labor force becomes old? Note that it's only a problem so long as you need money to partake in the benefits of automation (i.e. to buy the goods that it produces) - but which is the case for our system today.