Elizabeth Barrette (ysabetwordsmith) wrote,
Elizabeth Barrette
ysabetwordsmith
  • Mood: busy

Behind the Wall Street Protest

... are these economic factors.  Basically it boils down to rich people and institutions tying up so much of the country's capital that the rest of the country can't function properly.
Tags: economics, news
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  • 36 comments
...go 4 levels up... Expand
gwendally

gwendally

October 12 2011, 20:09:01 UTC 9 years ago

Part of what I was getting at isn't just that the supply of jobs left to go elsewhere, it's that those jobs simply are not NEEDED. One person can do the work of 100 now. That one person has a paycheck and 99 don't.

That's what I was telling you about Quickbooks and Excel: those jobs don't need humans anymore.

The jobs that *do* need humans tend to be things like food prep and wiping the bottoms of 90 year olds in nursing homes.
siege

siege

October 12 2011, 22:15:57 UTC 9 years ago

The US needs an infrastructural overhaul. A lot of bridges meant to last for twenty years are now much older than that, for example, and some roads need replacement while new highways are being added that will need someone to build them.

And by "new" resources, I was also suggesting new kinds of jobs and training as a way to deal with the increasing automation of human society. We can't all adapt in the same way, but we shouldn't have to starve just because our old jobs aren't necessary anymore.

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