[ExI] Book: THE LIGHTS IN THE TUNNEL

[BillK]

On 6/3/10, Adrian Tymes wrote:
> This is the central flaw in the argument.  As people's
>  current skill set becomes non-marketable, people eventually
>  tend to acquire marketable skills to replace them.  (Yes,
>  there are some who never do.  Those retire, while new
>  workers who start off with marketable skills come in to the
>  market.  The advent of extreme longevity may skew this,
>  because older workers will have less incentive to retire,
>  and thus are more likely to eventually acquire marketable
>  skills; indeed, this effect can already be observed, even
>  with today's relatively modest lifespan increases.)
>


As the author says, you are not pointing to a flaw in the argument.
You are denying that massive unemployment will ever happen. The US
already has about 40 million living on food stamps (i in 8 of the
population) with many jobs disappearing, never to come back.

Don't you think it would be a good idea to start thinking about what
changes are needed to deal with massive unempoyment and poverty?

BillK