Once upon a time, there was an implied contract between business and labor: employees supplied their energy and knowledge to build things for which companies paid them. The workers then used their wages to buy products made by business. It was a virtuous circle that made capitalism work for all concerned.
But now, the new technology of automation is increasingly erasing the worker from the equation, and the leaders of government and industry seem not even to notice the coming crisis of capitalism. In fact, the current occupant of the White House has opened the borders to future Democrat voters who will soon find a disappearing market for low-skilled labor because of smart machines.
Links to limitstogrowth.org (10)
majorityrights.comMajorityrights.com: A site for the discussion of issues affecting western societies.
immigrationshumancost.orgImmigration\'s Human Cost - human consequences of open borders and illegal immigration - recognizing the real victims of immigra
Majorityrights.com: A site for the discussion of issues affecting western societies.