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I always thought that Capitalism was the best economic model. Now, in the face of the new Technological revolution, I feel I have to reconsider this ideology.
"The World Economic Forum has estimated that five millions jobs will be lost by 2020. A 2013 Oxford study estimated that 47% of U.S. employment is at risk of being computerized."[i]
We need to come up with a way to give proper response to those that cannot make a living no because don´t have the will, but because the system fails to create the right niche timely.
We need to come up with a way to give proper response to those that cannot make a living no because don´t have the will, but because the system fails to create the right niche timely.
I´m not talking about “socialism” that would imply to withdraw money from people who managed to thrive and make a fortune under the previous model. I don´t believe that is precisely fair. But, I believe that putting taxes over the profits of the new technological activities, and redistribute them to the people that has been left out of the system, is a measure that should be taken by the governments, in order to keep a healthy society.
All the attempts to apply the same capitalist recipes to solve economic problems will fail, if we don´t recognize that we are facing a new and different paradigm.
I think history is making a call for the return of a Welfare model.
[i] McFarland, Matt. "Trump's Populism Is Only the Beginning. Here Come the Robots." CNNMoney. Cable News Network, 17 Nov. 2016. Web. 28 Nov. 2016.
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