Interesting discussion.I have been writing about this for years but it
is good to see the main media is starting to pick it up.The referenced
article was rather unimaginative in places but noted the basic question:
"who is going buy all these nice goodies if they are unemployed?"
The irrationality of humans is such that it is probably impossible to
see how this will play out.Consider how fanatical religions may effect
things.Consider the Amish for example.There are a lot more Greenies who
think we should go back to basics no matter what.The majority doesn't
think about this at all and just worries about getting or keeping food
on the table.
Our politicians are not interested.I can't even get a response from my
Congressman's office on the subject.So they have not started planning
how to deal with what is likely to happen.Although the transformation
could happen fast I don't think it will without some dramatic crisis.