Reply to post: Re: yeah but what about the jobs...?

Govt control? Hah! It's IMPOSSIBLE to have a successful command economy

John Savard Silver badge

Re: yeah but what about the jobs...?

If one looks at the history of the Industrial Revolution, one will see that the Luddites weren't so wrong. The introduction of machinery made ordinary working people poorer, and factory owners richer, because the value of labor, hence the ability of laborers to bargain and demand goods was reduced. Technology is good, because it improves the ability of humanity as a whole to produce more with less effort, but who can actually get what is produced is not something that can just be ignored or dismissed.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019