Anti Wage-Slavery Pro-Freedom Quotations Of The Week 1654-1656

Yet for half of all Americans, their share of the total economic pie has shrunk significantly, new research has found.

This group — the approximately 117 million adults stuck on the lower half of the income ladder — “has been completely shut off from economic growth since the 1970s,” the team of economists found. “Even after taxes and transfers, there has been close to zero growth for working-age adults in the bottom 50 percent.”
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By 2014, the average income of half of American adults had barely budged, remaining around $16,000, while members of the top 1 percent brought home, on average, $1,304,800 or 81 times as much.
A Bigger Economic Pie, but a Smaller Slice for Half of the U.S.
By PATRICIA COHEN
DEC. 6, 2016
New York Times
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 Thanks to automation, we now make 85 percent more goods than we did in 1987, but with only two-thirds the number of workers.

This suggests that while Mr. Trump can browbeat manufacturers into staying in America, he can’t force them to hire many people. Instead, companies will most likely invest in lots and lots of robots.

And there’s another wrinkle to this story: The robots won’t be made in America. They might be made in China.
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in the last few years the Chinese government has spent billions to turn China into the world’s robotic wonderland.    

In 2013, China became the world’s largest market for industrial robots, according to the International Federation of Robotics, an industry trade group. Now China is working on another big goal: to become the largest producer of robots used for factories, agriculture and a range of other applications.
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In 2014, Xi Jinping, China’s president, called for a “robot revolution.”
How to Make America’s Robots Great Again
New York Times
JAN. 25, 2017
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 We must do away with the absolutely specious notion that everybody has to earn a living. It is a fact today that one in ten thousand of us can make a technological breakthrough capable of supporting all the rest. The youth of today are absolutely right in recognizing this nonsense of earning a living. We keep inventing jobs because of this false idea that everybody has to be employed at some kind of drudgery because, according to Malthusian-Darwinian theory, he must justify his right to exist. So we have inspectors of inspectors and people making instruments for inspectors to inspect inspectors. The true business of people should be to go back to school and think about whatever it was they were thinking about before somebody came along and told them they had to earn a living.
R. Buckminster Fuller
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