People saying with a straight face that job retraining is the solution to the impending job automation crisis yet we are kicking and screaming just to get white women treated fairly in tech.
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Is this is all automation driven? Piketty suggests there are larger macro trends at play *as well*, at least, whether or not they dominate
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Of course it's not all automation driven but it would be nonsensical to think that somehow in 1975 humanity rapidly discovered a way to be increasingly more productive, something unseen in the past 5000 years of labor as a concept.
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* more productive without more labor ?
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That's implicit, yes
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This is where I wish I had a physical copy and hadn't misplaced my reader. Piketty suggests that the period from 1945-75 actually had abnormal growth relative to the last 500 years.
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I don't know if that applies here or not, but I hunch that it might.
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Piketty is pretty clear that we should prefer to live in the 45-75 conditions, tbc. Low-growth is not good for anyone but the landlords.
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But it's not clear from my reading of the first third or so of his book that automation is solely or predominantly to blame for the shift.
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This... didn’t happen everywhere else, just America. What happened here was the Civil rights act etc. The gentlemen’s agreement btwn WM to keep things equal but exclude others broke down, and so classism became proxy for racism.
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And this is the thing that's totally getting ignored and that's at the source of a lot of issues.
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