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Unemployment, Automation, and the END OF CAPITALISM

So yeah, the world's going through some political and economic changes. If we don't all die, then it could be awesome... IF we don't all die. CGPGrey Video: https://youtu.be/7Pq-S557XQU SUBSCRIBE and join us! https://goo.gl/7vUgh0 Step Back is made possible by the generous contributions of viewers like you, consider helping at https://www.patreon.com/stepbackhistory If you liked this video and want to leave a one-time tip: http://paypal.me/StepBackHistory Check out a collection of books that are either Tristan's favourites or used to research Step Back videos at: https://www.amazon.com/shop/influencer20170928253 Step Back is a history channel releasing videos weekly that endeavours to go past the names, dates, and battles you might find elsewhere. It invites you to take a step back, consider the past and how it connects to today. We search for the quirky, unconventional, and just plain weird parts of our collective story. I have a curious cat account for anonymous questions for me: https://curiouscat.me/TristanPEJ YOU MIGHT ALSO LIKE: Let's Do Some Theory: Why Net Neutrality Is like Ice https://youtu.be/6nzWxXujyBs Did Columbus Really Discover America? https://youtu.be/PfcOf7-elRs What is a Paladin? https://youtu.be/j_vkLO-8e0k Connect with Step Back: Facebook: https://www.facebook.com/StepBackChannel/ Twitter: https://twitter.com/TristanPEJ Sub-Reddit: https://www.reddit.com/r/stepback/ Slack: https://join.slack.com/t/stepbackhistory/shared_invite/enQtMzA5NDkyNDA1MzE4LWRlNjAzNDVhY2Q5ZTY2YWM2MTIzZGUyNzdmNDRjNDQ4MDI4ZTE2MjY4N2QzNTAxMWM0M2M0OTJiYTliOTAwYWU Special Thanks to Kelly Barnes, and Benny Tan Music by 12Tone. Check out their channel at: https://www.youtube.com/channel/UCTUtqcDkzw7bisadh6AOx5w Music from Jukedeck - create your own at http://jukedeck.com

Comments

Quinlan Vuong

Call me romantic or naïve, but I think my solution is to leave countries where capitalism has hit their zenith and join nations on the rise instead. The fact is my paycheck is worthless here in America no way I'll survive, but I might live comfortably in a country like Costa Rica or Ethiopia, who are fast growing economies with lots of untouched wilderness in dire need of educated individuals in science and academics, fields I happen to study in. Automation and late-capitalism are still far off for these countries, and modern amenities aren't nearly as rare as people assume (see Addis Ababa). Maybe it's just the way things are. I'm from a family of refugees, things go downhill we find a greener pasture.

Quinlan Vuong

One day. Unless of course after American capitalism implodes and they start over. I feel capitalism runs in cycles and that when a capitalist society runs out of room to expand it has to break apart and rebuild, hopefully a little wiser than before. Let old companies and old money sink while new people take their place. (Let the past die-kill it if you have to) Something I want to see with technology especially renewables and electric vehicles, as much as old oil money fights it. New tech brings automation and that's bad for workers, but it also opens up new frontiers. Look at how many people make their living off the internet or solar installation.