Automation should allow us to extend and redefine productivity. Vending machines replace people in banks and for certain products. Banking is now more productive than ever but do we measure industry by how efficient it is or how many people it employs?
Redefinition of goals – instead of ‘job for life’ for some it has become ‘passive income’ or ‘my own business’ for many whilst unemployment and benefits may be necessary to fill in gaps, families coming together to support young families will become the new normal.
Politicians can not be expected to solve this or many problems for us, they are there to set the framework of laws, not rescue us from ourselves.
The economy belongs to us, they are there to take some of it and provide public services. Politicians are not going to rescue airlines or banks from economic evolution. That is the lesson populism and isolation will learn hard. That is what is wrong with this wave of out-of-date thinking from the likes of Trump and Brexit, it will kill people who matter to other people, but people who are merely statistics that embarrass the government.
We expect politicians to be able to do something about it, our reaction is understandable, but they can’t. We pay lawyers ridiculous amounts to defend our inadequacies regardless of the fact that half of them have to lose. The economics of failure are not well understood, but they are there. Governments set a direction, but it is up to the people to innovate. Conservatism has been lost in the dense haze of populism.
And Left-wing thinking has been branded ‘socialism’ and therefore ‘wrong’. The Left-Right dichotomy was out of date but has been perverted by populism and idiotic thinking, masked by lies and confidence in the domination of others.