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View Diary: Crumbs much too small for the other Whos' mouses (199 comments)

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  •  I don't have a problem with automation (0+ / 0-)

    as long as the increasingly productive workers get their share of the increased profits, and can then support workers in other industries with their purchases. As when Henry Ford invented the automobile production line and paid his workers more than anybody else, in order to get the best workers who could make the line even more productive, and could also afford to buy Ford cars.

    What the US economy did overall from the New Deal until Reagan, when owners and management were able to grab all of the increases for themselves.

    This goes back to the later Henry Ford who threatened to shut down Ford Motors completely rather than sign a contract with the UAW.

    Production is not a zero-sum game. As workers become more productive and better paid, they look to buy a wider range of products and more industries spring up. We need policies that support the workers in organizing, in getting their share, in retraining where necessary, in educating their children, and so on. Not policies that support ripping them off.

    America—We built that!

    by Mokurai on Sun Dec 16, 2012 at 11:10:17 AM PST

    [ Parent ]

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