Robots Do Not Destroy Employment, Politicians Do
Countries with the highest levels of robotization have the lowest unemployment rates.
Countries with the highest levels of robotization have the lowest unemployment rates.
Alongside the structure of traditional unionism, there begins to grow in its shadow a murky pseudo-unionism of criminal behavior.
The division of labor is what made the West rich and has kept it rich. It's telling that Marx planned to abolish the division of labor altogether.
So impressive is compensation in the U.S. that even fast food businesses are bidding up wages to compete.
If Sanders's job-guarantee program were adopted, the only silver lining to the dark cloud is that it would provide additional evidence that government programs don’t work.
The political influence of labor unions has aimed at the entrenchment of privileged employment and the protection of the officials' "profession."
What the labor group is conveying to the world is that it hates progress.
Discrimination against women is a phenomenon of anti-capitalist and Muslim countries. Protection of women’s rights is a phenomenon of capitalist and Western countries.
This is not going to end well. And the problem seems to get worse every year.
The real economic discovery of civilization was the free market.