I
first published the below essay one year ago. Recent events like
Brexit, Trumpism and the rise of other populist movements in the
developed world reflect the model change. The reactions of
unfocused anger by the working class, fueled by political
opportunists, are precursors of a tectonic shift in
political-economic systems to come. We must adjust or face a bleak
future. Hillary may be the last establishment president in the
millennial's lifetime.
Paul
Hunter
Thanks
Henery 6/30/15
Thanks
for the memories Henry Ford. You led the work-to-consume revolution
that has lasted a century, but, alas, that model is in its death
throes.
World
labor costs are fast coming into balance and international
corporations find it more difficult to find labor at a price that
will provide, along with transportation a viable return to investors.
Where
do the corporations go from here? In my considered opinion automated
manufacturing is the logical next step in the labor cost evolution.
The
digitizers in silicon valley have been predicting the “end of work”
for some time now. All's well? No it is not, because we don't have a
policy,or even a think tank advocating for a new economic model to
replace the work to consume model.
Imagine
if you will, a huge building where an operator and a materials loader
are churning out thousands of auto parts every 24 hours every day of
the year. When a printer part breaks another printer makes a new one.
Whom
will have the ready cash to buy the parts except the few one time
machine makers and the operators. Joe six pack can kiss his dream of
an RV, a bass boat and steaks on the grill goodbye. That is, if he
hasn't already, due to international labor price balancing.
My
feeble input is to tax the machines and create demand by using the
revenue to fix and create new infrastructure, expand and improve
education. (reducing class size by half would double the teacher
force and improve the students outcome) house the homeless and fix
the addicted and on and on.