SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (77734)3/13/2000 11:20:00 AM
From: BGR  Read Replies (1) | Respond to of 132070
 
Les,

What does the rate of productivity-led change have to do with the nature of change itself!? I was just debunking your claim that productivity growth must be accompanied by high unemployment. I am very familiar with this argument, as it is a standard claim of the communist parties of the country that I grew up in - ask Mohan if you do not believe me. Thankfully the electorate does not buy that argument any more.

In any case, productivity growth of 5% is not a rapid change by any scale. But if you want to look for some rapid change, look at the industrial revolution, where craftsmen were routed by mass production using machines in a span of a couple of decades, leading to the Luddite movement and providing the backdrop for Marx' thesis.

-BGR.