Yes. It’s hard to find people who are poorer because of automation once we smooth over short-term losses.
What’s easier to find is people who felt poorer because they lost status, even though they actually had more purchasing power and could afford more and better goods. But they weren’t actually economically poorer, just felt poorer because other people got richer faster than them.
Yes. It’s hard to find people who are poorer because of automation once we smooth over short-term losses.
What’s easier to find is people who felt poorer because they lost status, even though they actually had more purchasing power and could afford more and better goods. But they weren’t actually economically poorer, just felt poorer because other people got richer faster than them.