The Horror! Robots are stealing Chinese Jobs! All those back breaking low paid jobs are going to disappear! Workers will have to learn new skills in state run vocational training schools that are either affordable or free! The farmer’s profits will soar… back into the community to fund education and healthcare. The cost of producing food will plummet and the savings will be passed on to consumers!
The Horror! Robots are stealing Chinese Jobs! All those back breaking low paid jobs are going to disappear! Workers will have to learn new skills in state run vocational training schools that are either affordable or free! The farmer’s profits will soar… back into the community to fund education and healthcare. The cost of producing food will plummet and the savings will be passed on to consumers!
But don’t you know that prices going down is bad?! The Western media told me that China is already “stuck in a deflationary spiral”! That sounds super scary! What if one day everything is so affordable that it’s basically free? Can you imagine what a nightmare that would be, a society without scarcity?