Friday, February 1, 2013

blog #6


With the problem of technology becoming so far advanced that it replaces a majority of human labor, the question can be asked, what can we do?  Well to start, in a free enterprise market, their is only so much the government can do.  Economics shows that with the removal of jobs allows for the opening of new jobs.  If machines replace one job, someone has to produce the machines.  Someone then has to maintain the machines.  Specialists will be needed to work the machines.  The government can also create laws to protect workers.  Laws can be made to increase minimum wage, or to lower the standard of living.  If this issue became a reality, the government may need be changed, as we would be living in a new world.  As far as unemployment and poverty, the government would have to supplement income, or provide food stamps.  The government would also have to find a way to create new jobs.  This is a problem not all based on the government solely however.  It is also up to us as citizens, as economics explains that we as consumers ultimately control the economy.  If less technology is purchased, then less will be produced.  As other nations compete against us, we only have the option to continue to advance as nation.  The government would have to work out agreement’s with other countries in order to keep jobs available for everyone.  This new era would make the entire world have to come together in order to save the human race.

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