Quote:
Originally posted by pimplink
This sounds just as (falsely) deterministic as Marx' arrogant prediction in Das Kapital that a global class war is inevitable because goods will eventually be produced to such an extent that the masses cannot afford them (ever lower wages, ever higher prices = class war). Yeah...
then the mass production revolution began... then higher productivity due to information automation ... then country segmentation of manufacturing... etc etc.
Human progress is unpredictable... yet only limited by our IMAGINATION.
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Marx was stupid because he didn't realize the full potential of technological progress, and didn't realize that governments and companies would take steps to prevent revolution.
However, if you do take technological progress into account, and realize that almost nobody wants revolution, the events I talked about are most likely.
Human progress is quite predictable:
#1: it will almost certainly take place
#2: it will amost certainly increase efficiency
Since increased efficiency in the technological age comes down to automation and outsourcing to third world countries, this leads to a decrease in low-skilled jobs in the western world.