Quote:
Originally Posted by LovinNothin
The production of goods, jobs and the basis for all economies follows the slaves and the slave wages market.
When America was born, Euro businesses moved to America to grab up cheap slave labor.
Then when that burned out, the new slaves rose in China.
Now India and the regions around there are the new hot spot for slave workers with slave wages....
AND.... After Chinese workers and Indian workers become too expensive...
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The world is moving to automation.
Back in the days of empires and slavery. The wealth produced flowed into the West, mainly Europe until the rise of America, then with slavery into the hands of Americans as well.
Now wealth is flowing into the hands of Chines, Indians, etc. Outside the West. And in the West into the coffers of a very elite few who don't allow it to trickle down because they now spend the money on foreign products and put it into tax havens.
Imagine you work for a site that has 1,000 members signing up every week. Then someone comes and takes 1% of those members and gives them the same product for less or free. Profit drops because of similar costs to run the business. There is no prospect of the business growing 1% because the competitor keeps taking more of the market than you can create new business.
That has been happening to the West for the last 50 years.
Now add the effect of your boss replacing you with a machine.