Jack Saturday

Monday, July 04, 2016

Anti Wage-Slavery Pro-Freedom Quotations Of The Week 1476-1478

Would Ms. Macy’s readers accept it if their jobs were lost to robots and precision manufacturing systems? Trade redistributes jobs but automation directly redistributes gains upwards – the gains are fully captured by owners of capital. Would Ms. Macy write a book about “unfettered automation” and CEOs that profit from robots on the assembly line? I suspect not. Why? Because robots are not foreigners, they do not belong to a strange and foreign culture and they cannot be demonized as slave labor.
Ravi Aron 
Baltimore June 25, 2015
Comment



Globally, the richest 1% now own nearly half of all the world’s wealth. The poorest 50% of the world, by contrast—fully 3 billion people—own less than 1% of its wealth.


By Simon Reid-Henry / University of Chicago Press
November 30, 2015 





To have done anything just for money is to have been truly idle.

Henry David Thoreau












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