3 ms·
Consolidation, optimization, and related vertical integration in manufacturing leaves people out of the value chain. Many roles will eventually evaporate witho
by sesteel 8y ago
Consolidation, optimization, and related vertical integration in manufacturing leaves people out of the value chain. Many roles will eventually evaporate without competition and/or new advancements. In general, growth follows an S-curve with market saturation and consolidation eventually inhibiting growth. I beleive it will get harder and harder to afford "more and better stuff" over the long term with the way our economic system is set up. I encourage people to take a look at the concept of binary economics which was fathered by Louise Kelso; his ideas gave rise to employee stock ownership programs. My ultimate point is: Labor will eventually evaporate and we, as individuals, should look towards ownership and invest our wealth in companies who will ultimately own production and services.