Dow jones plunges 512 points in one day; nasdaq down 136; s&p down 60

What's the employment field going to look like in twenty years with increased automation and outsourcing? Where are people going to be working?

I invest heavily in the stock market. I also recognize the pressure to increase share prices which I benefit from, is often at odds with the interests of employees at that company.

 

Michael Moore is like my co-workers. They are re-living 2016. They are like the cat who jumped on the hot stove once. It will never be convinced again that a stove might be cold.

Sure Trump might win. But I'd t rather be in the Democrats' position than his.

 

It's not just generals who are always fighting the last war. Here is a picture of a Maginot Line fortification for them.

 

Once Google, et al, perfect self driving cars the economy will collapse into a massive depression, probably far worse than the 30s.

 

Doubt it. It'll be a long slow decline. We've been in it for years already.

UBI is the answer.

 

This is my honest, no-snark belief.

1) The U.S. will continue its two-tier trend. The rich will get richer, while the second tier increasingly will exist to serve the rich. There will be more jobs -- although not necessarily more wages, because of competition -- for car washers, salon workers, prostitutes, personal trainers, health-care professionals, landscapers, etc.

2) This will continue until the second tier not only realizes what is going on, but mobilizes against it. At which point politicians will be elected who will implement UBI, or something like it.

Currently, the second tier is politically divided along culture-war issues. it is getting crushed because of that. But eventually, things will become so bad for the seconde tier that it will unite. I firmly believe that. I also believe that while large segments of the first tier will attempt to disenfranchise the second tier, to prevent such change, that there will be enough true democrats (with a small "d") in that group such that democracy will prevail.

Or so I hope.

 

^^^^

Or the Dems have a good run and re-empower unions.

We know minority turnout went way down, so I'm not sure he's wrong there.

 

I've never read him. But I do know that he overemphasized how economic class would be the dominant political factor, so yeah I could be guilty of that.

 

African-American turnout dropped, but it was still higher than in '88, '96', and '00, and pretty similar to '92 and '04. Another way of putting the matter is that HIllary did no worse than any other Democratic POTUS candidate over the past 30 years who was not named "Barack."

 

I can see making big $ installing gates, death rays & security systems for the rich for when the rebellion kicks off. Then I'll conveniently walk out of the monitoring room when the shit goes down.

 

I think Marx UNDER-represented how much economic class would be the dominant political factor. I guess I'm more Marxist than Marx.

 

How do you know that Fox News wasn't started to incite this rebellion. I'm sure the Murdoch Family is already heavily invested in gates, death rays and security systems for sale or lease.

 

Not sure I follow you. AFAIK Marx considered class a purely economic construct.

 

Rupey has his tentacles in everything

 

I have to disagree with you here.

Marx's view that everything was related to class is still valuable. The Left's big problem right now is that it balkanizes allies into tiny hermetically sealed bubbles: Blacks, Jews, Lesbians, albinos, left handed unicyclists, & co. If they said alternately "Fück that noise, there's the 99% and the 1%...and that's it," they would conquer the world in moments. In that sense, the modern left has lost its way. They should be MORE marxist, not less.

 

See class war above

 

Racism may as powerful as class. Don't know when white America will realize that people that African Americans, immigrants, etc. and their liberal allies are not the problem. If it happens, I will be long gone.