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RE: Adsactly Education - The Marriage of Democracy and Capitalism
Though some points there need more study to understand, one point noted..
Automation in manufacturing has eliminated a great many good paying jobs in the manufacturing sector. Robots get better every day, never take a vacation or sick day, and have a fixed cost relative to the business. Humans are less dependable and more likely to cause slowdowns or stoppages. Automation is here to stay and many of the jobs that everyman aspired to no longer exist.
With the development of technology its now creating such options at workplace. Robots/Machines are taking the place of human labour.
Good to hear, unused lobour work of human transfers to service sector and minimum standard wage is payed.
Right now, the service sector is in huge flux. I'm sure it will change, but right now it is really unorganized and capital is having it's way.
In reality, human labor has been being displaced since the first steam engine. How the systems react to one another is the dynamic that I try to follow.