Age of Abundance

From politics to poetry, if it isn't covered in one of the other forums and you want to share it with us, put it here.

Age of Abundance

Postby scooter » Wed Aug 24, 2011 6:06 am

A continuation of a discussion from the bar two weeks ago.

The video really starts at 18:40 (ignore the mindless intro).

http://www.youtube.com/watch?v=ceEog1XS5OI

It's a shame that the speakers mention future technical umemployment, but avoid it's end effect on our current economic model. They use the old economist's adage that when one sector of the labor market closes due to new technology, a new one emerges to hire the displaced workers. This is a fallacy.

In an age of abundance, an economic model based on scarcity is obsolete.
This is war. Survival is your responsibility.
~HUNK
User avatar
scooter
 
Posts: 134
Joined: Tue Aug 05, 2008 11:08 am

Return to Off Topic

Who is online

Users browsing this forum: No registered users and 0 guests

cron