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Babel_17

(5,400 posts)

42. The implications of moving to a post scarcity economy

Sun Jun 5, 2016, 04:53 PM

Jun 2016

https://en.wikipedia.org/wiki/Post-scarcity_economy

We're headed in that direction but I wonder about one stumbling block to getting to it that gets scarce mention. The wealthiest are going to be flat out opposed to losing their hired help. Maybe robots will eventually fill that void, maybe not.

One of my favorite authors, Iain M. Banks is mentioned on that link. He wrote about such a society that had it. But he also wrote a novel called Surface Detail, and in that he has a character, mildest of spoiler alerts, who reflected how the wealthy want literal control over others even when there is no need.

The final barrier to eliminating poverty could be in dealing with the emptiness we carry inside.

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Wall Street Titan: Bernie Sanders Will Help the Real Economy [View all] coco77 Jun 2016 OP

Excellent summary. snot Jun 2016 #1

Wow!! Just WOW!!!!! He hit the nail right on the head - multiple times! LongTomH Jun 2016 #2

K&R! KoKo Jun 2016 #3

Thanks KOKO! N.Y. to Paris Jun 2016 #4

someone better tell him the rules. we're not supposed to talk about you know who like this roguevalley Jun 2016 #31

Good analysis elleng Jun 2016 #5

Senator Sanders liberal from boston Jun 2016 #6

Yes, it should go viral. elleng Jun 2016 #10

Nice to hear a "Wall Street Titan" explain the benefit of a more direct form of economic stimulation Babel_17 Jun 2016 #7

Great post. raging moderate Jun 2016 #8

Yes it is nice to hear. elleng Jun 2016 #9

Democrats moving back to building up the Social Security program is helpful to that Babel_17 Jun 2016 #14

Yes, these are good signs, elleng Jun 2016 #19

Sad that we seem unable to get the money to flow where it's needed Babel_17 Jun 2016 #24

Unfortunately, I agree with you passiveporcupine Jun 2016 #25

As long as there's no penalty for parking money offshore, that's what they'll continue to do. TonyPDX Jun 2016 #30

Sure hope the repukes loose their congressional seats. BlancheSplanchnik Jun 2016 #32

Me too. Enthusiast Jun 2016 #46

the whole assumption of how we should be employed passiveporcupine Jun 2016 #23

I own an amazingly functional older tablet ... Babel_17 Jun 2016 #28

I'm still using my old actual Braun toothbrush passiveporcupine Jun 2016 #34

We have a Braun coffee grinder that we love. Enthusiast Jun 2016 #49

I got tired of havingto grind my coffee for awhile passiveporcupine Jun 2016 #52

I hope you get satisfaction for your ginder and crock pot, passiveporcupine. Enthusiast Jun 2016 #55

I would definitely want to see that. BlancheSplanchnik Jun 2016 #35

I just posted it to multi media passiveporcupine Jun 2016 #36

Mulit media? BlancheSplanchnik Jun 2016 #37

I fixed it...multi media passiveporcupine Jun 2016 #44

I thought, "huh?".... BlancheSplanchnik Jun 2016 #53

That's wild, mullet head! appalachiablue Jun 2016 #67

:) BlancheSplanchnik Jun 2016 #74

Thanks Babel_17 Jun 2016 #43

The implications of moving to a post scarcity economy Babel_17 Jun 2016 #42

That very well could be a big part of the problem. passiveporcupine Jun 2016 #45

Massive gigantic plus one! Enthusiast Jun 2016 #48

So now Sanders supporters like Wall Street titans? SunSeeker Jun 2016 #11

Did you even watch this? MrMickeysMom Jun 2016 #13

We only want to “shoot every third person on Wall Street,” burn only 99% of the rest at the stake Babel_17 Jun 2016 #16

This man is not a "Wall Street expert"; he specializes in the secondary art market, as noted. SunSeeker Jun 2016 #20

Sounds like an "attack on the messenger," to me. immoderate Jun 2016 #27

That's all they've got. libdem4life Jun 2016 #33

He said idiotic things like that Bill Clinton caused the 2007 crash. SunSeeker Jun 2016 #59

Didn't Clinton sign the repeal of Glass-Steagall, allowing banks to become "too big" ? King_Klonopin Jun 2016 #63

And let's not forget that big government is over quip d_legendary1 Jun 2016 #69

Didn't Bernie vote Yes on the deregulation of derivatives, which is more directly linked? SunSeeker Jun 2016 #72

Regardless of the issue you raise, are Bill Clinton's hands "clean" in this matter or not ? King_Klonopin Jun 2016 #75

Are Bernie's hands clean? And why are you so intent on blaming Bill Clinton for Bush's disasters? SunSeeker Jun 2016 #76

Do you ever answer a question without deflecting ? King_Klonopin Jun 2016 #77

CNBC ran it, and I resent your comment NJCher Jun 2016 #39

I agree... You see partial facts in the attempt to discredit all the time... MrMickeysMom Jun 2016 #47

This was not a CNBC video, it was made with clips from a CNBC video. SunSeeker Jun 2016 #58

This message was self-deleted by its author LiberalArkie Jun 2016 #29

We should play KICK ALL DAY with this excellent OP! MrMickeysMom Jun 2016 #12

Thank you for this powerful message! DiehardLiberal Jun 2016 #15

Great post, coco77. nt Duval Jun 2016 #17

I agree with him... NorthCarolina Jun 2016 #18

Wish he would run as an Independent. I'm voting for him in any case. SammyWinstonJack Jun 2016 #40

I hear you, NorthCarolina Jun 2016 #41

Me too. Enthusiast Jun 2016 #50

K & R n/t Hotler Jun 2016 #21

This is what Occupy was saying. seabeckind Jun 2016 #22

Very perceptive: "Donald Trump is tasteless." immoderate Jun 2016 #26

Clearly, Bernie is in this for the sake of all human beings. pangaia Jun 2016 #38

K&R! This post deserves hundreds of recommendations. Enthusiast Jun 2016 #51

K&R!!!!! Stevepol Jun 2016 #54

K&R valerief Jun 2016 #56

Kicked and recommended. Uncle Joe Jun 2016 #57

So, Bernie Supporters are Now Taking Comfort from a "Wall Street Titan" Norman Conch Quest Jun 2016 #60

Go Bernie liberal from boston Jun 2016 #73

K&R SamKnause Jun 2016 #61

K&R Paka Jun 2016 #62

K & R.... a ver que pasa ... nt hopemountain Jun 2016 #64

Bernie!Bernie!Bernie! coco77 Jun 2016 #65

K&R.. disillusioned73 Jun 2016 #66

Never heard of this guy. Very interesting. CrispyQ Jun 2016 #68

Imagine that! Gamecock Lefty Jun 2016 #70

Very good! n/t lumberjack_jeff Jun 2016 #71