The present crisis means that, to a degree previously undreamt of, ever-greater numbers of human beings will simply be declared “superfluous.” The much-invoked “new role of the state” has not the slightest chance of recreating a 1960s style social welfare capitalism, with full employment and a rising standard of living.
"There is a beautiful fairy tale by Hans Christian Andersen where the devil builds a mirror that distorts everything beautiful and good into nothing. The most glorious countrysides appear like boiled spinach, the best persons are repulsive or without torsos.."
The Consequences of the Digital Disruption for the Economy (tags)
The greatest social and economic revolution since industrialization opens up unlimited possibilities for people and businesses. Craigslist made a million-dollar business out of a billion-dollar business. A redefinition of unemployment and a discussion of unconditional basic income are inevitable.
"There is a beautiful fairy tale by Hans Christian Andersen where the devil builds a mirror that distorts everything beautiful and good into nothing.. I asked myself whether or not Andersen meant scientific reason.." This sermon is translated from the German.