Fully Automated Luxury Communism
Free trade, and capitalism in general, are constantly creating new wealth and on the whole drive the economy forward. But “on the whole” excludes those who lose their jobs as the economic revolution takes place and never find a new job.
George Friedman • The Storm Before the Calm: America's Discord, the Coming Crisis of the 2020s, and the Triumph Beyond
The virtuous feedback loop between productivity, rising wages, and increasing consumer spending will collapse. That positive feedback effect is already seriously diminished: we face soaring inequality not just in income but also in consumption.
Martin Ford • Rise of the Robots: Technology and the Threat of a Jobless Future
In a post-capitalist world, financial value would still be a core part of our decision-making. It just wouldn’t be the defining consideration as it is today.
Yancey Strickler • Page Not Found – Collab Fund
The Beginning of Infinity
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