Manufacturing jobs are gone. The only way they could come back is if American workers volunteered to get paid .25/hour.
- When taxi/limo drivers are gone (Uber already has this as a realistic goal)
- and truck drivers are gone, (every trucking company is testing long haul robots right now)
- and cashiers are gone. (via the Amazon Go style technology)
How will the rich continue to get richer?
There are SO many bad outcomes possible from this. The collapse of these jobs won’t occur in a vacuum, it will take most of the economy down with it. All those out of work people won’t go out to eat, or buy new clothes. They won’t buy much of anything. This takes out most of the local economies and big chains will see a steep drop in earnings.
There are other aftershocks: Most likely none of these folks will have health insurance and they may very well turn right wing fascist politically because that’s pretty standard is collapsing economies. Maybe they’ll open leftward but history shows that as less likely.
Since people are complete shit at imagining and preparing for future problems and will even perversely struggle against such preparations (*cough* cough* climate change) I think as many of us as possible should be raising this issue. But that won’t help much because because politicians are largely paid to safeguard the status of the super rich. If it comes to a political fight we’ll just be locked down and silenced. Unless we frame it correctly.
Who will be the biggest victims of such a collapse? The rich! Poor people have nothing, what’s a little more nothing to them? But the people who have nearly everything and whose only wish is for the rest of it as well, suffer deeply at even flattening profit margins.
It’s true. When the jelly handed 99% stop paying for things, your personal ultra zeppelin will begin losing altitude and when you finally land do you know who’ll be waiting to greet you? Correct, the ravening mob.
The only way for the rich to maintain a semblance of untouchable, lofty superiority is to support a guaranteed basic income. And unless they want to tumble down a financial sinkhole for several years first they better get on it now. This won’t be easy, it will involve acts that superficially resemble caring about people and being generous.
Please, help support the rich in the post employment age.