Sep

5

 Employment is not what it used to be. Technology already does a large percent of the real productive work. In the future this will even more true. I no longer believe that a large or growing work force is needed to, "pay for the old folks" and similar. Taxation has a claim on resources because of productivity. It does not matter if this productivity is produced by workers, or by increasing technology — including cyborg-like devices.

There is no need for the government to print money, pay increasingly superfluous workers, then supposedly fund things by taking a portion of the funds back again. Just print the money and be done with it. So long as productivity and real wealth continue to grow, it will not matter. The era of needing population growth to "grow" is past, but the system has not caught up to this reality.


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