This blog was posted as my response to
When the spectre of automation first reared its head, everyone had fears that soon all "the workers" would lose their jobs to factory robots. It didn't happen that way. The economy expanded and jobs remained available to those who educated themselves to be able to do them.
BUT..... automation has advanced. While it was doing so, off-shoring of labour intensive manufacturing took away millions of jobs. Those companies that are coming back to first world countries are NOT going to re-build a labour intensive economy; they're going to build automated manufacturing facilities. They'd be fools if they didn't - and they're certainly not that; greedy maybe, but not fools.
The "jobs" are gone. And, for the most part, they're not coming back. The transition from human labour to automation will not be denied. It may be slowed, here and there, but it won't now ever be stopped.
Our problem is that we've built a socio-economic system based on a "human labour" economic model. It is time for that to be updated to match the current reality. The FIRST thing that must be updated is the connection between jobs and income. I grow weary of hearing over and over that "jobs" must be "created" so that people can have an income which they will spend so as to be "consumers" and thus fulfil their role in the production/consumption of goods and services. This simply IS NOT true. It is NOT jobs that people need - it is income.
As it stands at present, only those who own the means of production stand to profit from the inevitable automation of everything that can possibly be automated. We have, until now, assumed that those not of that ownership class will find employment "elsewhere" when their jobs are automated. They won't. There is no elsewhere.
So..... it's time to cut ALL the people of our society in on a share of the profits that are earned by the corporations that take huge profits from our society; that can only operate safely and securely in the society we have all contributed to. It's time for every citizen to have a "birthright" of shares in successful corporations. It's time everybody got what only the owners get now - a share of the wealth that everybody helps to create.
In the end, only a fair and just society will survive into the future. Do we really want to leave any other kind to our children?