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Strategies & Market Trends : The Millennium Crash

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To: Dan B. who wrote (5313)	6/9/2000 7:29:00 PM
From: LLCF	Read Replies (1) of 5676

<Abundance brings low prices, so no, the implication was that we(all of us) would scarcely need much money to afford to satisfy all our needs. The "poor" would become much less so. > But that's not what is happening is it?? Are the poor getting richer? <More realistically though, the concern that "millions" of jobs will be lost due to technology advancement is needless(and if we got to the point of nearly free abundance, it would not even be a concern any longer). This fear has been held by many over the centuries of progress, yet it never has held true in the end, as progress marched on. > I hardly think this has been a concern during 'centuries of progress'... <Such pessimistic prophecies are seen to be self defeating, since without jobs and money, a satisfactory market in which to sell wouldn't exist- hence technology advancement would cease as the world spiraled down towards the imagined doom of the masses and/or the poor being without the money to purchase the needs of life. > Sounds like the third world, suppliers of basic materials. DAK

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