Re: Efficiency kills jobs -No it does not
The world economy for decade after decade after decade stretching out to centuries since the industrial revolution has demonstrated that this idea is completely false. There is little in economics that is more convincingly disproved than this idea. New jobs expand as productivity increases the wealth and prosperity of society as a whole.
Oh? What's the unemployment rate like in your country atm? What was it like 30 years ago? Hundred years ago?
We have record high levels of paid employment at the moment and as productivity more or less increases monotonically record high productivity at the same time.
Yet most countries have near-record levels of unemployment. Where are all those new jobs? In some foreign country perhaps?
Biting the hand that feeds IT
