If Silvers, Trumka and others can lead the American majority to realize that deriving the majority of our personal income from the ownership of productive capital will benefit productivity increases distributed primarily through dividends instead of through wages and salaries, then technological innovation in the form of automatic and robotic factories and computerized production systems would then be no threat to jobs. Technological innovation would be simply a means for creating income and improving the quality of life through better products and services, while at the same time eliminating pollution and protecting the environment.
Posted on: Wed, 20 Nov 2013 22:56:28 +0000
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