Loading ...The “System” Won’t Survive The Robots
Submitted by Paul Rosenberg via FreemansPerspective.com,
It’s really just a matter of time; the working man’s deal with his overseers is half dead already. But there’s still inertia in the system, and even the losers are keeping the faith. Hope dies slowly, after all.
Nonetheless, the deal is collapsing and a new wave of robots will kill it altogether. Unless the overseers can pull back on technology – very fast and very hard – the deal that held through all our lifetimes will unwind.
We All Know the Deal
We usually don’t discuss what the “working man’s deal” is, but we know it just the same. It goes like this:
If you obey authority and support the system, you’ll be able to get a decent job. And if you work hard at your job, you’ll be able to buy a house and raise a small family.
This is what we were taught in school and on TV. It’s the deal our parents and grandparents clung to, and it’s even a fairly open deal. You can fight for the political faction of your choice and you can hold any number of religious and secular alliances, just as long as you stay loyal to the system overall.
This deal has been glamorized in many ways, such as, “Our children will be better off than we are,” “home ownership for everyone,” and of course, “the American Dream.” Except that it isn’t working anymore, or at least it isn’t working well enough.
Among current 20- and 30-year-olds, only about half are able to grasp the deal’s promises. That half is working like crazy, putting up with malignant corporatism and trying to keep ahead of the curve. The other half is dejected and discouraged, taking student loans to chase degrees (there’s more status in that than working at McDonald’s), or else they’re pacified with government handouts and distracted by Facebook.
The deal is plainly unavailable to about half of the young generation, but as I noted above, hope dies slowly and young people raised on promises are still waiting for the deal to kick in. It’s all they know.
Regardless, the deal has abandoned them. It has made them superfluous.
Here’s Why
Put very simply, the deal is dying because two things can no longer coexist:
#1: New technology.
#2: A system geared to old technology.
Let’s start with new technology: New machines and methods have made so many jobs obsolete that there aren’t enough to go around. Both North America and Europe are already filled with the unemployed or underemployed children of industrial workers. But at the same time, we are suffering no shortages; we have an overflow of stuff and a double overload of inane ads trying to sell it all. And there’s something important to glean from this:
Where goods abound, additional jobs are not required.
We don’t need more workers. Machines are producing plenty of stuff for us, and this becomes truer every day.
cont. http://www.zerohedge.com/news/2016-05-25/system-wont-survive-robots