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View Diary: Open thread for night owls: Oligarchs promote 'Big Lie' to secure creditor control over economy (178 comments)

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  •  I think Krugman's recent columns about (5+ / 0-)

    intelligent machines is very important.

    in my mind it works like this :

    I own the capital and means of production.  I get rid of a bunch of workers and replace them with intelligent machines.

    I still own the capital and means of production.

    now a bunch of unemployed people are a whole lot poorer.

    the rich continue to get richer.

    the problem is, of course,  who's buying these goods if none of us has a job ?!

    big badda boom : GRB 090423

    by squarewheel on Mon Dec 31, 2012 at 10:56:45 PM PST

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