Friday, January 24, 2014

How Will Your Children Support Themselves

What happens when half the jobs are gone? by @DavidOAtkins
When there are no jobs for them?  It's a serious question. And we need to start thinking of the answers now.
I've been banging on this drum for a while now, but someone should probably start thinking about what progressive public policy looks like when half the jobs are gone: 
Two hugely important statistics concerning the future of employment as we know it made waves recently: 
1. 85 people alone command as much wealth as the poorest half of the world. 
2. 47 percent of the world's currently existing jobs are likely to be automated over the next two decades.
Here's a thought experiment.  What happens when the .1% own everything, and don't need you?  Personally, I'd rather plan ahead now than face the dystopian nightmare future that the Koch-fueled libertarians dream for us.

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