1 min readMay 28, 2019
That’s great but in essence you just described two major problems for our society.
The growth of technology means increased automation, which leads to job elimination and previously skilled labor being performed by unskilled labor at much lower wages.
Then with compound interest and capital gains, you explain major mechanisms which are used by the 0.1% which amount to hoarding of wealth and inequality.
Both of these are things which have brought us where we are with income and wealth disparity. It is unsustainable.