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Thursday, November 6, 2014

The Greatest Generation: Labor, Capital And Betrayal Of The Social Contract

It will be a cold day in Hell when contemporary Republicans launch an email chain featuring Lincoln's view of "labor" and "capital."

Alan: The Greatest Generation - including my Dad and his friends - believed that economic progress was a shared enterprise between Labor and Capital and that wealth, as night follows day, would be shared equitably as Labor built an economy whose productive mechanisms were increasingly automatic. 

"Automation, Robotization, Software-Enhanced Productivity And Permanent Job Loss"

Instead, Capital jettisoned Labor as soon as productive mechanisms became sufficiently automated that labor (in the traditional blue collar sense) was no longer necessary. 

This betrayal of the self-evident Social Contract subscribed by American Labor throughout the process of industrialization -- and into the beginning of post-industrialism -- reveals the essential deception, treachery and turncoat vility of The 5%

Image result for pax on both houses, the 1%

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