Here is yet another explanation of big scale economic changes taking place in the “developed world”----the concentration of wealth in the hands of a few as technology replaces workers.
While productivity continues to grow exponentially, worker’s employment and share of the growing profits and employment continues to fall!
The day of reckoning is near!
Who is going to consume all the output from those machines when few people work?
Is anyone thinking of how to keep the economy working when few people have disposable income, consumption falls, and all those companies without sales shutter their doors because of lack of business?
If not! Revolution is at hand!