26 ms·
So, the productivity increases of the 20's in essential areas like food production and household maintenance led to a rapid devaluation in the worth of the prod
by dilettante 17y ago
So, the productivity increases of the 20's in essential areas like food production and household maintenance led to a rapid devaluation in the worth of the products of that labor. Hmm, so the globalization and commoditization of manufacturing labor and white collar labor is leading to the devaluation of the products of current 'service economy workers', 'knowledge workers', etc. So what is an unemployed 64 year old logic designer, programmer, and test engineer supposed to turn to for work in the future?