Friday, August 9, 2013 10:17:41 PM
Maybe the best solution is to get robots to make everything. Be careful what you wish for.
"The Midas Plague" by Frederik Pohl (originally published in Galaxy in 1954). In this new world of cheap energy, robots are overproducing the commodities enjoyed by mankind. So now the "poor" are forced to spend their lives in frantic consumption, trying to keep up with the robots' extravagant production, so that the "rich" can live lives of simplicity. This story deals with the life of a man named Morey Fry, who marries a girl from a higher class. She is unused to a life of consumption and it wears at their marriage. Morey eventually hits on the idea of having the robots help him to consume his quotas. At first he fears punishment when he is discovered, but instead the Ration Board quickly implements his idea across the world.
Thursday, August 8, 2013 10:45:49 AM
Agreed. I saw a stat a few days ago showing how, adjusting for inflation, the minimum wage has actually decreased. Imho I think it is horrible to not keep wages consistent with inflation.