This is a free book about the future of the economy, and the future of jobs in particular. On FR I occasionally assert the belief that we are in a new era, where technology is taking over jobs faster than it is creating them, so that we need to figure out a new way to keep people employed. Martin Ford examines this proposition in detail, pointing out that the ultimate problem with exponentially accelerating productivity is a dearth of consumers. Without workers getting paid, there are no consumers to buy the flood of products efficiently produced by technology, and the whole system collapses. He has a convincing argument that we need a new design for the economy, and a reasonable suggestion for such a design. I don't see how we get there from here, however.
Total BS.
This has been argued since the industrial revolution and history proves it to be false.
If this country were as free as it was in the 1950’s and ‘60’s, individuals would find a way to create income.
Just look, for instance, at the idiots who are fighting fracking, in spite of the 3% unemployment in SD.
Look at the closing of coal mines and the restrictions on drilling in Alaska and off the coast of the continental US.
Look at the destruction of the timber industry on the west coast.
There are thousands of similar illustrations.
Our problem is not computers or any other technology, it is our idiots in government and the idiots that allow them to stay in government.