Watching as the new industrial revolution murders the old.
… The forces ripping up our old social model are too powerful to beat. That is not because the rich bankers or global multinationals are engaged in a conscious conspiracy of rip-offs and oppression (though, frankly speaking, big business does sometimes engage in exactly that). It is because the forces ripping up the social model are deeply implanted in the nature of the economic system — and that system is a reflection of the propensities in human nature which we cannot and perhaps should not overcome.
The family farm didn’t die of thirst in a desert; it drowned in a sea of abundance. 125 years ago, Americans didn’t have to organize themselves to cope with poverty and the erosion of living standards; they had to organize themselves to capture and enjoy the vastly increased prosperity and freedom which new technology made possible.
This is exactly what is happening today. Revolutions in manufacturing and, above all, in communications and information technology create the potential for unprecedented abundance and a further liberation of humanity from meaningless and repetitive work. Our problem isn’t that the sources of prosperity have dried up in a long drought; our problem is that we don’t know how to swim. It is raining soup, and we are stuck holding a fork.
Well worth reading the whole thing.