Skip to main content

John Maynard Keynes' Prediction

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 into the pockets of the spenders and it won’t come from jobs for there will be very few. The money will have to come from the billionaires in taxes or payments from the use of our Commons or a share of the profits from all patents. This would be a condition for receiving protection of their patents. Some say 20 percent of all such profits were split equally among all citizens starting the month they turn 18 there would be a basic minimum income for all. To ensure a minimally decent standard of living including money to buy the technologies that would be free then form work and create the society that John Maynard Keynes predicted would come in 2028, an abundance of technological in which no one would need unless they wanted to work. There are lots of options for a jobless capitalist system and plenty of volunteer work that can be done to better our society. There is volunteer work for the old to the young, firefighting, auxiliary police, environmental, trails, hospital aides, schools—all of these things and more could be enhanced at very little cost. So we need to start thinking about no paying jobs for 2028 is right around the corner.

Comments

Popular posts from this blog

Now is the Time to Prepare

I hope that I am wrong, but what I see at this time is our unions are going to be in the fight of their existence. This is the most perilous time of our life. The life we had is threatened like never before. Unions are the largest organized group of people who can save our country if things keep going the way they are heading at this time. We need to all stand together for power, but we each must prepare and plan to take care of ourselves and our families. We can fight the big fight and not be distracted by worry about things that can and should already be taken care of. For instance, stashing at least one month’s pay and at least a month or even a year’s worth of food, whether the food is staples (pasta, rice, canned goods) and meat or chicken in the freezer. Keep your vehicles' tanks full and if possible a gas can full. It’s in your best interest to also save money for house or rent payments plus extra. This is not new thinking for us old trade workers who had to prepare when...

They'll Be Coming For All Of Us

Yes, they are coming for us. Workers need to have one another’s backs because no one else will. Neither the broader labor movement nor the Democratic party are prepared to meet the urgency of this moment. So it’s going to fall upon the rest of us to mount a real resistance against Trump’s authoritarian takeover. We’re going to have to get our hands dirty. I don’t care if you have a good, well-paying union job and you are in the middle class now—if you see a worker being dragged out of his workplace regardless of how skilled the job and potentially taken to another country, you should be ready to be there for that worker. When I.C.E. shows up, gather around and shame them into leaving. It has worked in other places. America is sleep walking into authoritarianism, and if there’s anyone out there who is a member of a labor union that is safe—at this point— and doesn’t think this applies to them. Understand that they just haven’t gotten to you yet. They’re coming for all of us. There are ...

We Are the Power

Looks like there is hope for the union workers and our country for the union people who believed Trump’s lies, who now know that he was just full of bullshitting all of you. He said the he would bring more work to this country, but took away money from job projects, and the ones that were too late to stop, Trump put his name on it and is taking credit for the work done. Trump is not a union supporter and the people who work for him do not support unions either because they all get their money from big corporations, who are notoriously anti-union. The entire GOP is bought and paid for by large corporations, such as Home Depot, Walmart, Chamber of Commerce and many other nonunion selfish companies. We all have a chance to change things and take it all back if we dare by voting blue in the mid-term elections. If we vote for things that are what we really need like healthcare, good pensions, living wages, voting rights, more affordable housing, and rent control. In other words, let’s get a...