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World Without Work

By: weco in FFFT | Recommend this post (0)
Tue, 29 Jan 13 10:45 PM | 101 view(s)
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Msg. 49666 of 65535
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Maybe I retired 20 years too soon?

http://www.washingtonpost.com/politics/a-world-without-work-as-robots-computers-get-smarter-will-humans-have-anything-left-to-do/2013/01/18/61561b1c-61b7-11e2-81ef-a2249c1e5b3d_story.html?hpid=z10

As far back as 1958, American union leader Walter Reuther recalled going through a Ford Motor plant that was already automated. A company manager goaded him: “Aren’t you worried about how you are going to collect union dues from all these machines?”

“The thought that occurred to me,” Reuther replied, “was how are you going to sell cars to these machines?”

That was the question Mitt Romney & Paul Ryan never answered. If you cut the wages and benefits of the middle class, who's going to buy your products?


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