Unemployment and the need for a plan to cope with the 21st century.
Here’s the reality: Over the next decade or two, we’re going to look at unemployment rates of about a third of the population of the advanced countries as productivity increases with automation and jobs with lower education requirements get more and more scarce as the remaining functions that require human intervention get more and more sophisticated.
What we need is not a plan to put more people to work, because the result will almost inevitably be busywork which serves no purpose other than give people something to do. What we need is a plan to cope with an economic system in which we don’t need everybody to participate but enable everyone to participate. What we need is a plan for us as society to finance us as a society and set free the creative energies we have as such.
What we need is a plan to cope with the 21st century.
Well said. This is so screamingly obvious and yet there is almost no public discussion about what to do.
