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3 days agoI am pointing put a lot of people ended up worse off while capital hoarders benefitted from new technology, and it will happen again if we don’t take it into account. The parasitic class has worked hard to dismantle the support systems of the workers they leech from and there is little to no forward planning on behalf of the same workers who will be displaced again. The economy is going to tank like it did then, allowing the parasites to amass a greater hoard and any benefits that trickle down to the regular citizens will have the same stale urine smell it always does.
Since the average income for poor families dropped from 40 shillings a week to between 7 and 10 shillings a week, I would hardly say I am assuming a conclusion. And I was saying we now have to make sure social support systems are in place to prevent those huge increases in poverty in the short to medium term.
The economy certainly tanked for poor people, which might help explain the riots in 1826. Granted, the FSA have been working for years to dismantle, denigrate, and stigmatize their social support systems, but just because American corporate capitalist driven economic propaganda leads to those behaviours doesn’t mean other countries who actually care about building a cooperative citizenry can’t focus on preventing what can be predicted.