Summary: A new industrial revolution has begun. Knowledge of previous ones can guide us, preparing us for its likely dynamics and showing us the political actions necessary to distribute it's benefits. But the 1% are working against us, seeking to return us to the pre-New Deal era of inequality and profitable (for them) instability. Keeping … Continue reading Techno-utopians keep us ignorant of the past so we cannot see the future
Summary: Today we have a graphic that tells us much about both the recovery and the trends shaping the New America -- growth in food stamps vs. jobs. What forces drive these contrasting trends, and how will they help reshape America? . Below we see the US recovery in one graphic, from the February 4 … Continue reading One graph that says much about America, and our future: the growth in jobs vs. food stamp use
Summary: One of the great challenges of the 21st century will be managing the next wave of automation. This rise in productivity can make us richer, create feudal-like inequality, or spark massive social conflict. The result depends on our decisions. The first step, as always is problem recognition. Today we took another small step forward. … Continue reading Krugman discovers the Robot Revolution!