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  •  We are changing to an economy where (1+ / 0-)
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    knowledge will be far more valuable than labor.

    •  I've been hearing this talk for decades, (8+ / 0-)

      but it never happens. All it has meant is that more KINDS of jobs get shipped overseas - anything that can be done with any kind of computer. The jobs that remain are the grunt jobs that MUST be done hands-on and in person, and they are filled by undocumented immigrants and other desperate people who will take anything at any wage at all.

      "Knowledge more valuable than labor"? It is to laugh - unless you mean "knowledge" of how to lie, cheat, steal, kiss ass, kick ass, lobby the government, etc.

      If it's
      Not your body,
      Then it's
      Not your choice
      And it's
      None of your damn business!

      by TheOtherMaven on Sun Dec 02, 2012 at 10:47:21 PM PST

      [ Parent ]

    •  No. (4+ / 0-)

      The information economy is adding a lot of value.  Much wealth is being created.

      Unlike physical things, knowledge can be conveyed and reproduced for nearly nothing too.

      However, we are living people and we need stuff and that physical stuff requires labor.  Conveying the knowledge requires labor.  Creating knowledge requires labor.  Employing knowledge in any way requires labor.

      Labor is at the foundation of all wealth and will remain at the foundation of all wealth.

      As valuable as knowledge is, and it is very valuable and increasing in value make no mistake, it does not replace labor.  It can augment it like any other tool does.

      In a very basic sense, making a tool multiples labor.  That is why the tool has value.  Time is saved, and time is how we measure wealth.  When we have no time for our own purposes, regardless of how much knowledge we may or may not have, we are poor, period.

      When we have a lot of time for our own purposes, again regardless of how much knowledge we have, we are wealthy, period.

      The value of knowledge lies in it's ability to improve the output of labor.  There is also value in mere enlightenment too, but that is reserved for wealthy people, who have time to explore and create and apply said knowledge.

      How we value peoples LABOR determines their overall wealth, and again this is independent of knowledge.

      Life is thirds, one to work, one to live and be who we would, one is sleep.

      Undervaluing labor means more labor is required to sustain the person and their life needs, and could deny them basic wants.  Their lives become 2/3 labor, 1/3 sleep and this is unjust and undesirable as slavery is, and the reasons are obvious.

      One is not free when constrained in this way.

      A very common argument for devaluing basic labors is anyone could do them, therefore they are near worthless because supply is very high.

      However, when we look at basic wealth and the rule of thirds in life, we see that there is a basic, minimum value of labor needed for people to live in a modest, just, humane way.

      There will be no economic change, unless it's on the backs of millions of people who would be rendered slaves to serve the knowledge class in their folly to escape the basic realities of human existence.

      ***Be Excellent To One Another***

      by potatohead on Mon Dec 03, 2012 at 09:51:06 AM PST

      [ Parent ]

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