Home
Forums
New posts
What's new
New posts
Latest activity
Log in
Register
What's new
New posts
Menu
Log in
Register
Install the app
Install
Home
Forums
Living
Money
Prices, Inflation/Deflation, Interest Rates & The Fed
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Max Roscoe" data-source="post: 1528195" data-attributes="member: 17845"><p>This new society we have created with so many "service jobs" really no longer works under the old model of "you do a job and you earn a wage for doing it". There is simply not the demand for 8 billion jobs to be done any more. Just look at what was always the most important job in any society -- farming and agriculture. Farmers are now working with a fraction of the labor force they once were. </p><p></p><p>America is a young country, and at the time it was founded, a majority of Americans were farmers.</p><p>Today it's something like 5%.</p><p>When half the people are growing food, it makes sense that you pay them for the food they produce.</p><p></p><p>When farming no longer becomes an activity that a significant number of people do, and just comes down to "what legal entity holds title to this land and owns the capital equipment of the tractors and robots that cultivate this food, and who owns the subscription license to Monsanto for the annual crop germination" then it becomes a much different prospect. You have to believe in some extremely Jewish economic theory to still think all that money should go to one corporation that doesn't even farm and pays undocumented workers slave wages to do the physical labor that cannot be automated.</p><p></p><p>Of course, Judeo Christian free market theory will tell you that yes, whoever owns and operates the farming enterprises in the year 2030 (when you, by the way, will own nothing and love it), deserve all the money. All the money that was previously spread out among 60 or 70% of the population will then go to probably 3 or 4 corporations.</p><p></p><p>The Universal Income that Andrew Yang proposed seemed like a weird thing to me a couple of years ago, but it's a far more fair and just system than what is coming for us in the future. If society doesn't need our labor, society should at least provide citizens with a basic subsistence amount that can be used for food and shelter. </p><p></p><p>But we are entering an unsustainable system where our institutions are training people with things like Gender Studies degrees and there is zero demand for that skill, outside of another institution paying them to propagandize future generations with the same theories. These people will not have marketable skills, and they all can't pour coffee into cups (a job that will probably not exist in a few decades) so what will they all do? </p><p></p><p>There are many criticisms of China's social credit system, but it is one possible solution, as the wage / dollar system just doesn't function under this new model, and really has been collapsing ever since Nixon closed the Gold Window. Since that day, the old model has slowly been fading away, and money no longer means what it used to. It is not an asset the way it was throughout history, but instead an artificial token that special entities (governments and banks) are allowed to created freely at will. That is completely different from what money has meant throughout history until 1973.</p><p></p><p>Of course the alternative is that there is some sort of rebellion against this hellscape future, but I have yet to see it. Maybe our Chinese overlords will prevail...</p></blockquote><p></p>
[QUOTE="Max Roscoe, post: 1528195, member: 17845"] This new society we have created with so many "service jobs" really no longer works under the old model of "you do a job and you earn a wage for doing it". There is simply not the demand for 8 billion jobs to be done any more. Just look at what was always the most important job in any society -- farming and agriculture. Farmers are now working with a fraction of the labor force they once were. America is a young country, and at the time it was founded, a majority of Americans were farmers. Today it's something like 5%. When half the people are growing food, it makes sense that you pay them for the food they produce. When farming no longer becomes an activity that a significant number of people do, and just comes down to "what legal entity holds title to this land and owns the capital equipment of the tractors and robots that cultivate this food, and who owns the subscription license to Monsanto for the annual crop germination" then it becomes a much different prospect. You have to believe in some extremely Jewish economic theory to still think all that money should go to one corporation that doesn't even farm and pays undocumented workers slave wages to do the physical labor that cannot be automated. Of course, Judeo Christian free market theory will tell you that yes, whoever owns and operates the farming enterprises in the year 2030 (when you, by the way, will own nothing and love it), deserve all the money. All the money that was previously spread out among 60 or 70% of the population will then go to probably 3 or 4 corporations. The Universal Income that Andrew Yang proposed seemed like a weird thing to me a couple of years ago, but it's a far more fair and just system than what is coming for us in the future. If society doesn't need our labor, society should at least provide citizens with a basic subsistence amount that can be used for food and shelter. But we are entering an unsustainable system where our institutions are training people with things like Gender Studies degrees and there is zero demand for that skill, outside of another institution paying them to propagandize future generations with the same theories. These people will not have marketable skills, and they all can't pour coffee into cups (a job that will probably not exist in a few decades) so what will they all do? There are many criticisms of China's social credit system, but it is one possible solution, as the wage / dollar system just doesn't function under this new model, and really has been collapsing ever since Nixon closed the Gold Window. Since that day, the old model has slowly been fading away, and money no longer means what it used to. It is not an asset the way it was throughout history, but instead an artificial token that special entities (governments and banks) are allowed to created freely at will. That is completely different from what money has meant throughout history until 1973. Of course the alternative is that there is some sort of rebellion against this hellscape future, but I have yet to see it. Maybe our Chinese overlords will prevail... [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Living
Money
Prices, Inflation/Deflation, Interest Rates & The Fed
Top