PETER MCCANN CONSULTANT MCCANN CORPORATE CONSULTING ASSOCIATES Increas inequality leads to increas risk of social unrest. One can see this in the UK inand a post industrial labor market adjustment. BILL BARKER RETIR RETIR I think that permanent unemployment the th Century and in the US in the s to s. When inequality reaches a level that exces a society s adhesions then ruptures will occur. We see this now in Egypt Ukraine and possibly Greece.
US The US has huge social adhesions
Through social networks such as churches and service clubs and unifying myths such as work hard and get rich . So social unrest in the US is unlikely until economic polarization frays myths. Most likely I suspect is that markets are well gam now inequality will increase and at some point the Ukraine WhatsApp Number List electoral swing will towards a more activist and interventionist role for government. When government does intervene as it will then the Rifkin answer or the Tobin tax or other innovations will consider but the simplest intervention will recalibration of tax rates spending on physical and social infrastructure comes from various factors but particularly replacement of human effort by employees with forms of automation such as computer software is the largest problem facing our economy. How are these displac people to support and more given meaningful lives.
I don t like problems which
Do not have solutions and I cannot offer any practical and meaningful proposal to solve this problem. portion of the working population employ in agriculture dropping Brazil WhatsApp Numbers List from to less than in the oth century were ameliorat by new employment opportunities in industry and services coming available. It is difficult to imagine how that will continue. I have no solution to offer as to how to support these displac people and give them meaningful lives except that there has to some solution and that solution has to governmental. D E. SHAW P.E. Technology development has always displac some workers while creating new jobs more or less commensurate with the skills of the displac workers.
