Saturday, March 9, 2024

Something has to change

I say that Biden is a better candidate than Trump all the while acknowledging that the current liberal capitalist model has stopped working. Sure, we don't want the authoritarian right taking over the US but that does not mean there aren't major structural problems to be repaired.

Many liberals seem to take the approach that the system works fine as it is but just needs tweaking whereas in truth the reason the unfairness of wealth distribution has gotten so much worse is because the economic model is flawed. For example, getting rid of much of your blue collar work in multiple industries and handing them over to third world nations was a way to increase profits for corporations but it came at the expense of the society as a whole.

Instead of measuring just the economic health of industries we should have been looking also at the health of the lowest rung on the societal ladder much more carefully. As the middle class has been slowly wasting away we see how adopting a limited model has its price and continuing to use it as we have will only make the problem worse.

I think its going to take a more comprehensive approach going forward to determine what to do with people who aren't going to be technologically savvy. UBI is being talked about and perhaps ultimately that is part of the solution but of course not all of it.

What is clear is that something has to change.

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