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▲ noduerme 6 hours ago

I thought this article was a parody for the first few paragraphs... that's how times have changed, I guess.

I couldn't agree with the guy more, when he says:

>> when workers have more money, businesses have more customers—and need more employees

But that seems to be exactly the sane logic that old Jeff Bezos is spending his life and his billions trying to find a hack around. I'm still not clear who Amazon's customers will be if everyone's unemployed and AI and robots have taken all the middle class jobs... oppressive governments, I guess.

Great piece, and thanks for posting it.

▲cowlevel 6 hours ago | parent [-]

Any individual business has contrary incentives to society as a whole. This is called a race to the bottom.

▲noduerme 6 hours ago | parent [-]

The article brings up Ford Motor Co. in the early 20th century as an argument for why this doesn't have to be the case. There have been other examples of businesses that care for their employees and society at large. The author is saying that that mentality needs to come back into fashion.

I think that this type of thought about strengthening the middle class is possibly the most dangerous and verboten to the people with a radical utopian worldview who are looking for revolution. In a sense, it's probably more important to attack this than it is to attack billionaires. Massive inequality is a much preferable state for would-be revolutionaries than a stable middle class with centrist political views. Which only reinforces the author's point.