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"let's emphasize that automation/technology will ultimately improve everyone's lives so that the middle class lifestyle will be the new poverty" except there's
by tartle 13y ago
"let's emphasize that automation/technology will ultimately improve everyone's lives so that the middle class lifestyle will be the new poverty"
except there's no reason to believe it will happen. possibly new poverty will be good, old poverty as we know it - just extended to what used to be middle classes. when mass labour is no longer needed, those who possess the wealth have no incentive to share it. last 30 years fly in the the face of the "trickle down" narrative. when those who sell their labour will face further weakening of their negotiating position, this trend will rather accelerate.
- rodgerd 13y agoWell, there are incentives. Unfortunately history suggests that, unfortunately, wealth and the wisdom to share enough of it to avoid bloody revolutions rarely go hand-in-hand. There are more 1917s and 1789s than Bismarks.