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The way forward for unions : Comments
By John Passant, published 1/10/2008Unions seem to be in terminal decline so how can we rebuild unions and unionism?
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The current economic cycle is turning, and unemployment will soon rise. The last decade has increased wealth inequality to obscene levels, and inflation will soon make this worse. Like the US, Australia will soon see real poverty increase to scary levels.
As the cycle turns, unions may yet see a resurgence.
But...
Technology continues to march on. Machines now generate more wealth than human labour does, and machines keep getting better.
If "0" is stone age and "10" is fully automated "android economy" we are passing "7" and accellerating to "8".
When we reach "10" labour is worthless and Capital is all.
Will we adapt as intelligent beings, or will we follow our natures?