Monday, November 11, 2013
Chapter 4: Who Owns the Future?
In Who Owns the Future? chapter four, it is all about the economy, more specifically the "1%" concepts we routinely hear of frequently. There are two parts that really stand out to me, first is the concept of a bread making robot, and second is about Henry Ford pricing vehicles at which his employees could purchase them. With the having robots to make bread, yes, having a robot do work instead of an employee does create more wealth, however, a robot does not buy bread. It does not matter how much (and cheap) bread is made if no one can afford the bread anyway. This leads into my second point, companies should price their products (or pay there employees) for which it is affordable to all. It sounds kind of taunting, have someone build a car but will never be able to have one personally. It is not just about the bottom line, corporate American needs to look at how their actions will effect the economy, not how the economy will effect them. On a side note, when adjusted for inflation, minimum wage was the highest in 1968.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment