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TopicCapitalism vs communism
1337toothbrush
07/24/17 10:31:36 PM
#34:


Hexenherz posted...
1337toothbrush posted...
Automation is going to put capitalism through an interesting test. Without labor earning money, the system falls apart. If automation lives up to its hype, we'll see really high unemployment rates.

The Schrödinger's Cat Trilogy explores this idea, and I kind of like what they were driving at.

I really believe we ought to invest in under developed nations and implement these infrastructure and economic changes there before trying to do it in our own countries first. Maybe that's selfish but it seems like a win-win to me.

We can do both. Advancements in developed nations are making their way to less-developed nations to the point of even allowing less-developed nations to skip steps. For example, parts of Africa have skipped land-lines and are using cell phones. Solar power has also been used with success in Africa. Advancements in GMOs would make growing crops easier there, too.

This is separate from things like robots, touch screens, and self-driving cars replacing jobs here, since those are money savers for companies, so they're going to implement them regardless of investments in less-developed nations.
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