Millions of workers have been displaced by robots. Or, if they have managed to keep their jobs, they’re being deskilled and transformed into appendages of automated machines. We also know that millions more workers and their jobs are threatened by much-anticipated future waves of robotics and other forms of automation.I must be remember that robots, automation, artificial intelligence, and all the marvels of technology and science have been created by people who are also workers. But because this upper-middle class of people are indispensable to capitalists, they are generously rewarded and allowed to socialize with their masters which has made them feel very important and has alienated them from their fellow workers. See my commentary here for a lengthier explanation.
But mainstream economists don’t want us to touch those robots. Just ask Larry Summers [a prime member of the capitalist ruling class].
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Friday, March 10, 2017
Hammer time
Click here to access article by economist David Ruccio from Real-World Economics Review Blog.