Respec into the trades wouldn’t fix anything either, because it would just as well flood those fields with labor supply and obliterate the wages and union protections there.
The problem isn’t just that some people are unemployed, it’s that many/most people are unemployable - there is no price at which their work is productive enough for them to be paid enough to buy even the product they themselves made or any other product for that matter.
There’s simply no way to create that equilibria again, because we’ve reached in many ways a dead end to our technological development to where the only way to further optimize and make tech viable economically is not via expensive, risky R&D ventures but with workforce reductions and legal loopholes that extract money from the poors i.e. Uber and even then - only low interest rates and resulting bloated stocks built on the house of cards of international trade and lies and investor financial manipulation / game of hot potato created the wealth that permitted low prices, all the while most of the resultant inflation went into assets held by the rich, not wages of the poor.
That’s why fascism is rising, there’s no productive capital left to buy to make money, only to cash out to exchange for power.
Everything has been invented. The plateau was reached around 2014 ish. There is no new thing that will benefit us technologically (medically, there probably is, but corps dont want us to find cures when cancer makes them trillions of dollars).
Hence the rise of technofacism, surveillance states, and never ending ads. Thats all thats left.
Respec into the trades wouldn’t fix anything either, because it would just as well flood those fields with labor supply and obliterate the wages and union protections there.
The problem isn’t just that some people are unemployed, it’s that many/most people are unemployable - there is no price at which their work is productive enough for them to be paid enough to buy even the product they themselves made or any other product for that matter.
There’s simply no way to create that equilibria again, because we’ve reached in many ways a dead end to our technological development to where the only way to further optimize and make tech viable economically is not via expensive, risky R&D ventures but with workforce reductions and legal loopholes that extract money from the poors i.e. Uber and even then - only low interest rates and resulting bloated stocks built on the house of cards of international trade and lies and investor financial manipulation / game of hot potato created the wealth that permitted low prices, all the while most of the resultant inflation went into assets held by the rich, not wages of the poor.
That’s why fascism is rising, there’s no productive capital left to buy to make money, only to cash out to exchange for power.
As I keep saying (and many refute me):
Everything has been invented. The plateau was reached around 2014 ish. There is no new thing that will benefit us technologically (medically, there probably is, but corps dont want us to find cures when cancer makes them trillions of dollars).
Hence the rise of technofacism, surveillance states, and never ending ads. Thats all thats left.
Union trades uphold the white male patriarchal hierarchy.
Mind elaborating on that?