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by steven777400
4201 days ago
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Many of the folks commenting on the washingtonpost site seem to miss the article's main thesis, which is that the problem is bigger than conservative vs liberal (or Repub vs Dem, etc). The problem isn't caused by too much or too little regulation, too high or too low taxes, too much or too little social services. The problem is caused by computerization, automation, and globalization. It's a hard pill to swallow because those things also bring amazing benefits that we as a society probably wouldn't want to give up. Just look at the description of the jobs Thompson did in the article: run plans from one side of a factory to another? Fabricating plastics? Spraying foam? None of those things would be done by a human today. There may have been, for a time, some balance between the value of labor and the force of capital, but labor is increasingly devalued, so the end result is naturally a decrease in wages and employment. Human workers today are like the working horse as industrialization arrived. |
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I disagree. The problem is corruption. If we still had Glass-Steagal, and controls against money influencing elections, there might be a chance that the middle class or poor may have some influence to control and defray the inevitable consolidation effect of wealthy interests.
However, those controls are effectively gone, and with it will go the middle class as there is no voting power anymore without courting big money.
Aside from Alan Grayson and Ron Paul (now retired), there is none in Congress who doesn't take corporate money. We are effectively a corporatocracy where the wealthy have massive controlling interest.