Is industrial capitalism done for in the United States? (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
April 27, 2024, 12:30:01 PM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  Individual Politics (Moderator: The Dowager Mod)
  Is industrial capitalism done for in the United States? (search mode)
Pages: [1]
Poll
Question: See above.
#1
Yes
 
#2
No
 
Show Pie Chart
Partisan results

Total Voters: 27

Author Topic: Is industrial capitalism done for in the United States?  (Read 6953 times)
dead0man
Atlas Legend
*****
Posts: 46,343
United States


« on: April 22, 2012, 06:47:38 AM »

As has been the trend for decades, manufacturing will require more skilled jobs (some of the more delicate stuff may still be by hand, but there will be more engineers and fewer poor immigrants on assembly lines). While unskilled labor has been dead for a while, manufacturing may actually increase as a sector.

Actually, the advent of 3D printing may actually increase the proportion of unskilled labor in manufacturing, by allowing anyone or even little children to manufacture things at the click of a button.

Technology certainly isn't increasing the number of jobs in the US. More profits does not equal more jobs. Verizon is sitting on $10 billion, and they laid off 40,000  people in the last few years.
Indeed, technology advances usually mean more efficiency and fewer jobs.  Still better than the alternative.
Logged
dead0man
Atlas Legend
*****
Posts: 46,343
United States


« Reply #1 on: April 28, 2012, 01:43:12 AM »

Indeed, technology advances usually mean more efficiency and fewer jobs.  Still better than the alternative.

That really isn't true; I mean, are there more jobs now, or were there in 1800?

In theory, technology is supposed to lower costs, which increases demand. As demand increases, then jobs are created to fill that demand.

What's happening now is a bit more complex. It's a part of the overall increased stratification of the world between haves and have-nots. Only in this case the "haves" are the select few with the engineering, computer, energy and medical skills that are in demand, while the "have nots" are everyone else.
I should have added something about "in a specific industry, more efficiency means fewer jobs".  Obviously there are "more jobs" now than 200 years ago, but it takes a lot less people to make, say, a shirt now than then.  Just like it takes fewer people to make a car now than it did thirty years ago.  We have less factory work now but we make more than we ever have.  This is a good thing because factory work sucks.  Granted, if you arn't the sharpest knife in the drawer and don't mind working in a loud, dangerous place pushing the same button over and over again for thirty years it kind of sucks for you, but for the rest of us it's better because our lawn mowers are cheaper.  Sure, unloading trucks at Sears doesn't pay as much as putting fenders on Fords did in 1979, but it was pretty stupid of us to pay Johnny High School dropout more than we paid Mrs. Englishteacher.

But to your point, yes, it is better to be in medicine or technology.  Everybody knows this.  My school counselors in the late 80s knew this.  If you want to make money, you go into fields that make money.  If you want to do what you love, you can probably survive doing that, but you're not going to make as much as the guy that went to trade school to learn HVAC work and why should you?  Few people dream of being and HVAC guy when they grow up, but it's something that is obviously needed.  If you do something nobody wants to do, you'll get paid more, that's how it works.  Nothing is stopping people from going to their local community college or trade school and learning a needed trade, in fact, it's actually pretty easy, even if you're flat broke.
Logged
dead0man
Atlas Legend
*****
Posts: 46,343
United States


« Reply #2 on: April 28, 2012, 12:32:28 PM »

People still think "big business" killed the electric car?  How quaint.
Logged
dead0man
Atlas Legend
*****
Posts: 46,343
United States


« Reply #3 on: April 28, 2012, 01:56:16 PM »

You might have a point if the electric car was dead, it's not.  I can't wait until they get all the wrinkles out and the price down as I'd love to have the instant power electric motors give.  The biggest issue is the less than adequate battery.  Figure that one out and you'll be a trijazillionare.  My money (if I had any) would be on the super capacitor.
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.029 seconds with 14 queries.