
Is Common Good Capitalism The Answer? With Oren Cass + Elon Musk Buys Twitter
Capitalisn't
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Is There Evidence That Automation Is What's Going On?
There's no reason to believe that a domestic economy, particularly one in which capital was focused on generating a profit through the productive use of people would not find new uses for people at least as quickly as hasi was reducing them. The question is, are we going to have a capitalism that looks for new productive opportunities for people? And if you ask, why is foreign labor serving the domestic market?, i think it's really hard to defend that as something good for america. I can just look at the productivity status in manufacturing. Productivity fell for six straight years last decade. That that is stunning and completely inconsistent with the idea that that automation is what’s going on.
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