Ron: As usual, this letter is unlikely to be published in full, if at all.
Simon Cowan, ‘Now is the time to go to bat for market forces’ CT
21/11/20 p 33, says most jobs are lost to automation creating
‘ability to manufacture far more than we used to, at a lower price,
thanks to …productivity gains’
And: ‘wage growth leading into the recession was at near record lows,
despite a 28-year run of uninterrupted economic growth.’
Strangely he concludes:
‘stimulating and maintaining productivity growth are the only things
that will boost wages’.
WHY this mania for productivity growth that hasn’t created wages
growth sufficient for millennials to get real jobs or afford to buy a
home and raise a family? Who benefits?
We live on a finite planet; increasing “production” indefinitely is impossible.
Much “production” is 'junk', creating increasing garbage disposal
problems. That doesn’t increase welfare.
Similarly, producing armaments doesn’t benefit anyone. Such
“productivity” should be channeled into life-enrichment. Why isn’t it?
Artificial intelligence and robotics already ensure adequate
productivity. So, ‘WHY hasn’t increased productivity improved the
environment and human quality of life?’
Life is for people not corporations and profits.
Increased quality of life NOT ‘productivity’ is needed.
That requires decentralised living, working, production and governance
Humanity has Open-sourced blueprints for civilization -
We can live and work anywhere self-sufficiently, not depending on
globalisation and MEGA corporations. We don’t have to squash into
cities and commute to work for lifeless corporations.
Localised communities can co-produce food, machines, clothing and
most other needs.
This should have happened long ago -