Thread: Socialism as transitional solution to overcome the dependence on the global market?

Originally Posted by Commodore

It's not a patch, its a restoration.

Manufacturing once depended on raw materials and know how, small shops and craftsmanship ruled. New materials made manufacturing dependent on massive energy and labor intensive facilities, making the flow to where ever resources, energy and labor are cheapest unstoppable. Technology will soon make manufacturing dependent on just the resources and intellectual property to produce the goods once more, which swings the pendulum back in the first worlds favor.

This is very true. I suspect though that the unemployment line will only increase unless those unskilled workers are put through a process where they upgrade themselves into skilled workers and thinkers. Unless the unskilled class is brought in line with the rest of the population i.e. put in mandatory higher education so that they can be taught to think outside the box, for the future, there will always be the issue of unemployment. I personally, would advocate something along the lines of revamping the educational infrastructure to match the technological era we're currently in. Tying our currency to a tangible, qualitative and quantitative commodity is also a must though it's only a half measure. We're past the age of currencies imo. We're at a time in our existence where we can move past currencies, traditional financial institutions and the likes and focus on the actual betterment of ourselves.