09-10-2012, 07:24 PM
(09-10-2012, 06:13 PM)kandrathe Wrote: It has been a nagging question in my mine for many years (and I've mentioned it on the Lounge before). What happens to society when due to productivity, the amount of employment needed falls below the amount of employment supplied? The mechanism (the employment system) by which most of our society has access to products and services is through the exchange of labor for money. We produce (in the production system) all the food, clothes, housing, and sundries for our society, with an ever diminishing amount of employment. Our society is stuck in a paradigm where we value and sustain people via a 40 hour work week, which may no longer be needed.
But this is already happening kandrathe. At least in the west. That why professions like lawyers, professional athletes and boy bands are created. We make so much wealth (among others by taking it from the rest of the world) that we can permit it to create all kinds of useless jobs