All wage slaves should check out the prediction made by John Maynard Keynes in 1928. He predicted that by the year 2028 technology would replace all work and no one would need to worry about making money. We still are not there, but there is only 13 years to go and technology at this time is proving Keynes right about technology replacing workers of all medial and even higher knowledge workers, which is why college degrees no longer demand higher wages. Their wages have remained flat during the last years. At this time most new jobs are low paying. We are now in a model of mass production by many for mass consumption by many. But this model of unlimited production by a handful for consumption by the few able to afford it will kill the capitalist system and is the reason that the ratio of employees to customers is already dropping to mind-boggling lows. Low paying personal service sector of the economy will just not support the system we are used to. There has to be an infusion of cash ...
This blog is a quick read about concerns, whether local or international, facing union and non-union workers.