Nationalizing part of the stock exchange can balance the economy

Nationalizing private industry is what countries like Venezuela do. If you want to live in squalor and have nothing work right, thats the way to do it.

a reply to: pirhanna

This thread isn't about exploring Venezuela's failed fascist state. It's also not about the success of socialization in places like Singapore or Switzerland.

originally posted by: IgnoranceIsntBlisss
a reply to: schuyler

If 'all' the jobs are permanently replaced by non-humans, and we're not allowed to suggest the top percenters getting any kind of special tax or annual profit cap, because 'that's communist', well then how is The Future supposed to work?

ALL the jobs replaced by non-humans??? So how is government intervention by taking over companies going to prevent this again? First of all, ALL jobs being taken over by no-humans is about as likely as Jesus coming again. Secondly, government as savior instead is laughable and a prescription for disaster.

a reply to: schuyler

what's your solution?

what do we do with the tens of millions of people who are getting displaced by automation??

originally posted by: toysforadults
a reply to: pirhanna

This thread isn't about exploring Venezuela's failed fascist state. It's also not about the success of socialization in places like Singapore or Switzerland.

That would be Venezuela's failed socialist state. Tiny countries with no significant impact on the global bottom line. Singapore is a single city. This thread is about a global economy.

a reply to: schuyler

This thread is about the US economy and solving the problem of automation displacing large swaths of the workforce.

originally posted by: toysforadults
a reply to: pirhanna

This thread isn't about exploring Venezuela's failed fascist state. It's also not about the success of socialization in places like Singapore or Switzerland.

Neither of those places are socialist, nor have they done, or even contemplating, your proposal.
Socialism has a 100 year + unbroken track of failure.

But, I know, " it will be different this time...."

Why do we need a balanced economy? That suggests it is stabilized, possibly stagnated.

We need market forces to guide what "the next big thing" is, instead of letting government decide winners and losers.

originally posted by: toysforadults
a reply to: schuyler

what's your solution?

what do we do with the tens of millions of people who are getting displaced by automation??

That's a huge assumption based on science fiction. It's like you've just awakened to the fact that automation is a thing. It's like you have criticized Ray Kurzweil for the last few decades and have finally realized he was right. It's been around for centuries. The word "sabotage" comes from Dutch worker throwing their wooden shoes, their sabots, into weaving machines because automaton was taking over. We no loner have blacksmiths or the horse economy. Think of how many workers that displaced? If you're willing to look behind th4e sensationalistic headlines and actually study automation and its possibilities you will see that every time in the past when the economy has changed, new avenues for jobs open up. When the job market dried up for blacksmiths it turns out we needed mechanics. Now that cars are more automated it turns out we need smarter mechanics, and those jobs are pretty damned good. An SAE certified mechanic makes better money than most all of us.

a reply to: IgnoranceIsntBlisss

You know what is funny, our Mcdonalds has started to automate checkout. They have two large Ipad type machines to punch in your order, and then you take a ticket. They are out of service 99% of the time because the workers don't replace the paper in them to produce the tickets. I have a feeling all this automation will take longer than we think. We should be call the guinea pig generation.

a reply to: schuyler

www.glassdoor.com...

is that what you are referencing?

no sorry you are not informed on what kind of automation is coming and at what scale, I can't have this conversation with you unless you inform yourself

originally posted by: JAGStorm
a reply to: IgnoranceIsntBlisss

You know what is funny, our Mcdonalds has started to automate checkout. They have two large Ipad type machines to punch in your order, and then you take a ticket. They are out of service 99% of the time because the workers don't replace the paper in them to produce the tickets. I have a feeling all this automation will take longer than we think. We should be call the guinea pig generation.

Exactly. People try and make it sound like machines are unbreakable. I have news for you, they are 10X more inefficient than a person. Best God D*** believe if I go back to a store to return an item and Bob 3000 gives me any lip about it, Bob 3000 is getting wasted.

The BBC had a how future proof is your job. Mine mental health and care is safe you will never get a robot to wipe an arse.

a reply to: testingtesting

how valuable do you think your job will be when there's millions of people with the same skill, to wipe someone elses ass?

You do realize that the stock market, stocks themselves, are private property right?

Why the hell do people think it's ok to seize others' property for their benefit?

Why is theft not theft when the government does it? Why do we call it nationalizing?

a reply to: projectvxn

it's a nice thought but things are changing

So what point does the balance tip? All those automated factories producing products fewer and fewer people can afford because they don't have gainful employment.

What are the corporatocracy planners saying about that?

Or are they so greedy they will simply shrug and produce the last widget, then close the factory because there are no more consumers?

At the end of WWII the Germans were producing tanks and aircraft that sat idle because there was no fuel or troops. Same thing happened at the end of the Vietnam war, fighter jets and vehicles were piled up , no pilots, ground crew or spare parts to operate them.

a reply to: intrptr

www.msn.com...

you mean like this? they go to the government for my money and the government gives it to them without my consent

but it's wrong if I expect something in return for this exchange?

a reply to: toysforadults

So panic and become a criminal? Sell out the rights of your neighbors instead of using your brain to come up with solutions?

You'd lead a "take it from that guy, he's got money!" mob.

a reply to: projectvxn

take what from who?

did you not read the thread?