James Hughes @ Borderlands Cafe 11/30/2012 in San Francisco.
Politics and economics have yet to face the fact that an increasingly automated economy will mean the decline of human employment, and the establishment of a basic income guarantee. Instead we have hand-wringing about reining in “entitlements” and calls for austerity to facilitate private sector job growth. Expansions of longevity are greeted with calls for pushing up the retirement age, ignoring the shrinking availability of jobs. In order to avoid a neo-feudal future with a mass of unemployed poor dominated by a super-wealthy elite we partisans are a radically better future need to join the fight against austerity economics, and put forward a path to a world in which all share in the growth of wealth from technological innovation.