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'Economics in One Lesson' refutes this logic in its chapter "The Curse of Machinery" (http://steshaw.org/economics-in-one-lesson/chap07p1.html http://steshaw.or
by warrenwilkinson 16y ago
'Economics in One Lesson' refutes this logic in its chapter "The Curse of Machinery" (http://steshaw.org/economics-in-one-lesson/chap07p1.html http://steshaw.org/economics-in-one-lesson/chap07p1.html). Some highlights:
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If we assert automation removes the need for labour. Then it follows that to maximize labour, we must make our jobs as inefficient as possible.
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Not only should we regard all future improvements as calamitys, but we must also regard all past technology with equal horror.
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Why should freight be carried from Chicago to New York by railroad when we could employ enormously more men, for example, to carry it all on their backs?
- jwhite 16y agoEveryone, especially those on the left of the political spectrum, should read 'Economics in One Lesson'.