The End of Work

Monday, June 11, 2012 Francisco Carneiro 0 Comments

In 1995, Rifkin contended that worldwide unemployment would increase as information technology eliminates tens of millions of jobs in the manufacturing, agricultural and service sectors. He traced the devastating impact of automation on blue-collar, retail and wholesale employees. While a small elite of corporate managers and knowledge workers reap the benefits of the high-tech world economy, the American middle class continues to shrink and the workplace becomes ever more stressful.
The End of Work: The Decline of the Global Labor Force and the Dawn of the Post-Market Era is a non-fiction book by American economist Jeremy Rifkin, published in 1995 by Putnam Publishing Group.[1]

PS Those without work will be a big part of our society soon. The first big transformation reallocated people from agriculture into industry. After WWII, we saw people reallocate from industry to services. Now we have a move from Services and industry into welfare. This is not going back, the more we invest the more jobs we kill.

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