Free Republic
Browse · Search
General/Chat
Topics · Post Article


1 posted on 10/26/2017 9:34:44 AM PDT by SeekAndFind
[ Post Reply | Private Reply | View Replies ]


To: SeekAndFind

Its called “automation”.

Freeing up people doesn’t put them out of work, if its a free economy. More people thinking up more ideas means a more vibrant economy. The key elements are freedom and entrepreneurs.


2 posted on 10/26/2017 9:38:44 AM PDT by marron
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SeekAndFind

Why shouldn’t we take the word of a Greek communist bureaucratic slug when he tells us why capitalism must fail?


3 posted on 10/26/2017 9:47:12 AM PDT by samtheman (Clinton colluded with the Russians to falsely accuse Trump of colluding with the Russians.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SeekAndFind

Varofakis seems to contradict himself in the second paragraph. Will the result be more or less jobs available?
I’m seeing lots of job loses in the retail sector.
Not seeing much to replace these jobs just yet. Not at the same standard of living.
I’m glad I only have about 25 years left to worry about such things.


4 posted on 10/26/2017 9:53:30 AM PDT by lee martell
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SeekAndFind

Imagine 4 day work weeks

Being able to do things every single weekend to relax, start a new business, build additions on your house, etc etc etc

Robotics will provide many jobs building robots, and make manufacturing and farming so cheap you can live like a king on minimum wage.


5 posted on 10/26/2017 10:03:48 AM PDT by Mr. K (NO CONSEQUENCE OF REPEALING OBAMACARE IS WORSE THAN OBAMACARE ITSELF)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SeekAndFind

Fears of massive job loss have been heralded since the start of the Industrial Revolution.
Instead, we have far more leisure and incredibly cheap access to basic & luxury goods. 40 hour work weeks are the norm, in remarkably clean & safe environments. Our poor are _fat_. Vast homes filled with any manner of goods are the norm.
Replace most current jobs with robots? new jobs will open, new opportunities arise, new goods & services become the norm, and the cost of living will plummet.


6 posted on 10/26/2017 10:07:53 AM PDT by ctdonath2 (It's not "white privilege", it's "Puritan work ethic". Behavior begets consequences.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SeekAndFind

Robots replace labor with capital. You buy a robot with capital investment instead of paying an employee.

This is the same essential tradeoff that powered the industrial revolution. It will just extend further into many more types of tasks.

The industrial revolution raised the human standard of living dramatically across the board. People will have more, better, faster and cheaper.


7 posted on 10/26/2017 10:24:31 AM PDT by BeauBo
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson