Post
Topic
Board Economics
Re: Technology improves we work more.
by
millgates
on 29/11/2018, 06:52:22 UTC
The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?
The world economy is controlled by some group now, this happen because we still use fiat as medium of exchange. The improvement of technology was increase industry's profit and pay their work with more money but in the same time government keep print money then make inflation every years. This happen because of the capitalist who earn most of profit that made by industries and ordinary people who work in industry only get small percentage of profit and also being subject of taxation, actually it's not so fair, we should create our own business so the money circulation can be more faster and our prosperity will improved.