Your author decided to write this book about Wealth Accumulates to
the Few when chatting with my son about how he felt after having
been laid off from designing the software for the Mars Lander. His
response was it caused him to think about social matters while
working on a new Space Vehicle as a software consultant. He pointed
out the following: During the Industrial Revolution, there has been
more and more automation that has meant fewer and fewer human
workers were required to produce the goods needed. He also reminded
me that the rapid advancements in technology have made the goods
needed grow obsolete at a more and more rapid pace. For example,
travelers no longer use horse drawn carriages - they use
automobiles that travel on the freeways at 75 mph instead of a
carriage at 15 or 20 mph. Fewer and fewer people are buying Laptop
computers since they can obtain more functions on a Smart Phone for
a fraction of the price. In Detroit the automobile factories are
almost deserted of human workers since the same jobs can be done
better and cheaper by robots. So what is this doing? It is causing
the Economic Wealth to accumulate to those few who were able to get
in on the profit of one of these activities that generate huge
profits. More profit - fewer people to share in the profit -
therefore the wealth accumulates to that few.
General
Imprint: |
Createspace Independent Publishing Platform
|
Country of origin: |
United States |
Release date: |
November 2013 |
First published: |
November 2013 |
Authors: |
Jon Schiller Phd
|
Dimensions: |
229 x 152 x 10mm (L x W x T) |
Format: |
Paperback - Trade
|
Pages: |
158 |
ISBN-13: |
978-1-4937-5461-8 |
Categories: |
Books >
Business & Economics >
Economics >
General
|
LSN: |
1-4937-5461-0 |
Barcode: |
9781493754618 |
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