Meet the Middle Precariat

Naked Capitalism has the article Meet the Middle Precariat.

Precariousness is not just a working-class thing. In recent interviews, dozens of academics and schoolteachers, administrators, librarians, journalists and even coders have told me they too are falling prey to an unstable new America. I’ve started to think of this just-scraping-by group as the Middle Precariat.

The issue is that automation will eventually make human labor almost completely unnecessary. That could usher in a golden age for the people of the world. All people’s needs met with no need to work. We do not have a social system that knows how to operate under these circumstances. How do you distribute wealth if no work is required to create it?

This requires thinking so far out of the box, that “little” issues like H1-B visas are only a distraction. The 0.1% don’t want the rest of us to question how society distributes wealth and income now, and how it should be changed in the future. However, it is an issue that all of us should be concerned with.

Perhaps this quote that I recorded in 2015 will convey the problem in ways that I don’t seem able to do.

Scott Santense – posted here June 3, 2015 – source
If you give a man a fish, he eats for a day. If you teach a man to fish, he eats for life. If you build a robot to fish, do all men starve, or do all men eat?”

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