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Wednesday, January 23, 2013

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This makes me think of an article in the Economist last year (http://www.economist.com/blogs/democracyinamerica/2012/09/makers-and-takers?fsrc=rss).

If less and less people are needed, how does wealth make it down to them to take care of themselves? A lot of upheaval came about from the Industrial Revolution. What now?

FYI: Walter Russell Mead wrote a very lengthy series exploring the ideas in that article in more depth called "Beyond Blue" should you care to Google it. He's also very critical of the plutocracy in many of his other writings. I think you'll find him one of the more moderate voices of the right out there. (He's very laudatory towards State Department diplomats generally, for example). And he's dead on that the old model is dead. If he doesn't have a complete new solution, well, neither does anybody else.

Thanks for the link, Aaron. This is what I've been looking for.

They are automating in China as well. have been doing it at least since the 1980s. They are going into it in a big way now:
http://www.reuters.com/article/2012/06/03/us-china-economy-automation-idUSBRE8520F620120603
Analysis: Robots lift China's factories to new height
http://www.roboticsbusinessreview.com/article/china_2013_factory_automation_driving_robot_growth
China 2013: Factory Automation Driving Robot Growth
http://www.businessweek.com/articles/2012-11-29/the-march-of-robots-into-chinese-factories
The March of Robots Into Chinese Factories
http://www.automationworld.com/control/china-robotic-growth-tied-factory-automation-advancements
China: Robotic Growth Tied to Factory Automation Advancements

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