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A few gems from the article: > Really it was a political fight over who was going to use the spoils of profits from machinery. Ok, take the counter-factual at
by throwaway4aday 3y ago
A few gems from the article:
> Really it was a political fight over who was going to use the spoils of profits from machinery.
Ok, take the counter-factual at its face and ask the question: if the Luddites got their way and they (the weavers, etc.) shared in the spoils of automation, what exactly would their contribution have been? If all of the weaving is automated then what the heck does a weaver do? Own shares in the company? Do they just get promoted to vice president by virtue of having formerly been employed as a weaver? How will their input be more valuable compared to that of a more qualified person hired for the role?
> Adam Smith is arguing if we all behave with high degree of self interest, that will actually improve the economy in the long run. This was the first beginnings of the real embrace of free-market capitalism.
Said as though this is either wrong or detrimental when free market economies have time and again proven that they lift more people out of poverty than any other type of economy.
> [The Luddites] tried to bargain with the factory owners [arguing for minimum prices, a textile tax to support workers pensions, or phased introduction of new machines]
Excellent, price fixing, that has always worked perfectly in the past and never had any unintended and severe consequences. Which workers exactly are the beneficiaries of this textile tax, the people replaced by automation? Does the tax end after they are employed in a different career or after they die of old age? How slow would progress have been if we put legal limits on the deployment of new technology? Would anyone even bother to invent new methods if they couldn't use them?
> producing crappier goods
God forbid that poor people should be able to afford a second pair of pants.
> I think there is one big difference: a lot of the jobs that are going to be outsourced are actually not working class at all. They are healthily middle-to-upper class, and often white collar.
Hmm, hang on a second...
> The truth is that the Luddites were the skilled, middle-class workers of their time.
You need to pick one, working class or middle class.
> So the real conversation for anyone seriously trying to grapple with this is how to share the profits.
Not by redistribution. Automation reduces cost of production and increases volume which means both that the company makes more profit but also that the goods and services can be sold at a lower price which benefits everyone. The massive difference this time is that this is software that anyone can, or will soon be able to, run. Everyone will eventually profit from this automation both through increased access to these services as well as through the ability to use this automation in your own business endeavors. If the author truly wants more people to be able to live like the weavers described as:
> had a fair amount of control to work from home. You controlled your own schedule. Some led fairly leisurely lives; working only four days a week was enough to make a pretty good living.
Then they should be advocating for universal access to this new technology because it will enable exactly that for those who seek it.
- jowea 3y agoHonestly this whole article makes me feel Luddites were actually proto-socialists, even if they hadn't figured out exactly how they wanted things to work instead.
- peteradio 3y agoMore technology does not magically create more resources.
- throwaway4aday 3y agoIt doesn't magically create them but it enables us to access resources that we couldn't previously use. Examples: nitrogen fixation, use of fossil fuels which for all their side effects have inarguably lifted billions out of grinding poverty and starvation, nuclear power that provides carbon free energy exceeding all of our current needs should we choose to use it, better mining technology to extract metals and minerals from lower concentration deposits, photovoltaics that give us direct access to the abundant power of the sun, aluminum is impossible to produce or use without technology, hydrogen, synthetic fibers to replace inefficient organic ones, clean electric light that literally gives us more useful hours in the day. The list can go on. Technology also allows us to make more efficient use of the resources we have which is effectively the same as having more resources to use. Future technologies may literally provide access to more resources by extending our reach beyond the Earth or by allowing us to transmute abundant elements into rarer ones that we need. Less technology is what limits us in the long run.
- peteradio 3y agoYou are listing things that had great marginal improvements but giving people knowledge of the topic doesn't give someone even close to the ability to do those things. Its a precursor sure but if someone doesn't have a great deal of scrap aluminum and equipment you aren't going to start producing ingots. Ok probably there is someone bootstrapping just that on youtube but youtube is a hard paywall so I'm not sure who gets a point on that one. The thing that is discouraging to me is that the young buck who can bootstrap something based on fundamentals is going to get outgunned everytime by someone who is better positioned.