“If machines produce everything we need, the outcome will depend on how things are distributed.” Hawking continued,
“Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality."
We have been warned.
Stephen Hawking Warns About The Greatest Threat To Humanity | Zero Hedge
Idiots. It is amazing how some of the smartest people can be so dumb.
Capitalism has lifted more people out of poverty than anything else. IT's benefits are literally without precedence.
Opportunity is what allows Capitalism to lift people out of poverty, exploitation by Capitalists creates income inequality and social unrest; it is why Capitalists need to be regulated by a government elected by the people.
Today, do to both Citizens United rulings, and the greed of the mass media, elected officials are purchased by the wealthy and govern for the wealthy.
Simple minds never take the long view, and Rabbi is one of the simplest minds around.
Hmm, capitalism creates social unrest? I dont think so. Compare socialist countries in Africa, the Middle East, and SOuth America to capitalist countries in Asia and your statement is, typically for you, dead wrong.
As for income inequality, do you think there are more equal incomes under feudalism? Or under Communism? Are people better off under those systems? Even socialism. Are people better off under socialism in Greece and Venezuela?
You're so thoroughly confused it's easy to understand why fools like you persist in your beliefs.
Apples (a system of governance) and Aardvarks (an economic system).
We live in a democratically elected Republic, which operates under a mixed economic system. Regulated Capitalism and our nation's form of Socialism.
That combination served us well until recently. Today our Democratic Republic is in grave danger from within; the New Right has rejected traditional American ethos by adopting a radical ideology from the past.
An ideology that is selfish, callous, dishonest and fraught with peril.