Skip to main content

So this diary is just a thinkly veiled attempt to get everyone one here to read a blog that I read today. It says everything I've been trying to say about the impact of technology and globalization on jobs and the economy very eloquently, and even has an 'economic fable' I'd never heard before. The bottom line is that the jobs we lost in the last recession are gone and they're never coming back. The rest of it is an interesting solution to the problem that I don't agree with 100%, but I think people on this site will quite enjoy. Social Credits. So that's it, go on, read the blog:

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

  •  SoCred? Really? (0+ / 0-)

    Would you care to buy a copy the latest edition of Michael Fighting?

    If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing. ~Malcolm X

    by ActivistGuy on Sat Dec 10, 2011 at 04:57:03 PM PST

  •  You're right. Best blog entry ... Ever!!! (1+ / 0-)
    Recommended by:

    Well, actually, I would not go so far to say it's the best ever, but it's definitely highly above average in my estimation.

    Here is what I thought was good about it:
    1) I agree with his analysis of the problem and his solution.

    2) As I read each paragraph, questions/problems came to mind, which he answered in the next paragraph in refreshing ways.

    3) I like the fact that he used the word "entitlement", while acknowledging how unpopular that word is.  I mean, that's what it is.  So, we should call it that and not hide from it.  

    4) It's entertaining, short, and yet has a lot of content.  Winston Churchill once sarcastically quipped, "it's amazing that someone could fit so many words into so little thought."  Also, Winston Churchill once closed a letter by apologetically saying, "I would have written less, but I didn't have the time."  There's definitely an art to entertaining, clear, and concise prose, which requires craftsmanship and hard work.  I always appreciate those who take the time and have the ability to produce prose with these qualities.

    "Individual commitment to a group effort - that is what makes a team work, a company work, a society work, a civilization work." - Vince Lombardi

    by Quequeg on Sat Dec 10, 2011 at 05:55:34 PM PST

  •  That was very good. (4+ / 0-)
    Recommended by:
    Quequeg, fhcec, TheLawnRanger, kurt

    The article you linked to reminds me of something that Einstein complained about regarding productivity.

    The jobs we lost were replaced by productivity (here or someplace else). It is inevitable. There is no reason for anyone to work more than a few days a week to supply the nation's needs.

    Einstein's complaint was that workers did not own a share of what they produced (the work product). Without that -- most people in the nation would become impoverished. Only the 1% (the factory owners) would have any money.

    Thus, only through socialism and wealth redistribution can the American people survive. Their jobs are never, ever coming back. They don't need to.

    Give a man a gun and he can rob a bank. Give a man a bank and he can rob the world. Nationalize the bastards.

    by Pluto on Sat Dec 10, 2011 at 06:05:37 PM PST

  •  Marshall Brain - Robotic Nation (1+ / 0-)
    Recommended by:

    I first learned about "social credit" in 2003 from a tech guru name Marshall Brain who wrote blog posts on the topic.

    But instead of calling it "social credit", he called it the "Basic Income Guarantee", which forms the acronym "BIG".

    In 2003, Marshall Brain, wrote a very good article, with good examples, that explain how robots will eventually do most of the jobs and that we need something like "social credit" or "BIG".  Here is the article, but just as warning, it is a long, article, consisting of 3 long pages.   Still, I think you will enjoy it.

    Also, Marshall Brain wrote a short story, which describes a realistic future of a world where most of the work is automated.  In the short story, he shows that without BIG, it could be a dystopia, but with BIG, it could be a utopia.

    Like you, I'm really passionate about this subject.  I've tried to get people interested, but for some reason, it's hard to do.

    There's also book I've heard about called the "End of Work" or something like.  I'll see if I can find out the name and try to post it here.

    "Individual commitment to a group effort - that is what makes a team work, a company work, a society work, a civilization work." - Vince Lombardi

    by Quequeg on Sat Dec 10, 2011 at 06:09:17 PM PST

  •  At least SOMEONE is seeing this! (3+ / 0-)
    Recommended by:
    Quequeg, fhcec, TheLawnRanger

    We've been there for decades. Let me list my friends for you: a retired fluid engineer. A retired teacher. A former programmer (she and 30 of her coworkers were replaced 15 years ago by an accounting program that did not need costomizing)  now an "executive assistant".  A medical research lab tech. (who has worked for the same researcheer for 25 years) The AV department for a small college (Not a technitian with, the entire department - they might have a couple of other guys for when 2 clasrooms need equipment at the same time) A travel agent. An anique dealer. A college professor. An administrator with a city mental health department. I drive a taxi, and 3/4 of my income comes from accountants, advertising and insurance mid-level executives, lawyers and stock brokers.
    All right - the engineer actually built factories. The lab tech performs necessary work. Two teachers and an educational support staff get a pass; they are as important as production at least. But from a large, diverse,  and successful group of people only one actually produced anything. One. I an the only one without a college degree, and I had 2 1/2 years before my money ran out, but only one of us actually made or will make anything.
     1% of the American people work in agriculture. 14% work in manufacturing. Throw in some support people. (all right, agriculture needs truck drivers) Almost all "work" is nothing but make-work. We would almost all of us be better without it.

  •  Although you didn't really even have a diary.. (0+ / 0-)

    I wouldn't have found this link without you. So thanks. It was a great read. In about 3 more years, I will be living the way this blogger envisions everyone should - I'll be drawing a check (Social Security) in addition to any work I do. Not sure when we can expect everyone to receive a minimum income. Republicans are still hoping to destroy Social Security.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site