Capitalism, at least as we know it, will probably not survive through the next decade. UBI might delay it, but the outcome is inevitable.
Submitted by Paul Rosenberg via FreemansPerspective.com,
It’s really just a matter of time; the working man’s deal with his overseers is half dead already. But there’s still inertia in the system, and even the losers are keeping the faith. Hope dies slowly, after all.
Nonetheless, the deal is collapsing and a new wave of robots will kill it altogether. Unless the overseers can pull back on technology – very fast and very hard – the deal that held through all our lifetimes will unwind.
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