- Joined
- Jul 3, 2009
- Messages
- 2,854
- Reaction score
- 567
- Location
- Oslo, Norway
- Gender
- Male
- Political Leaning
- Slightly Conservative
OK, lets imagine we can produce almost everything with robots and the service sector is 90% of the economy. Would it be more capitalist or more socialist? And wouldn't there be a virtual monopoly on material goods as fewer and fewer manufacturers run the show?
Not really. Just because there is more efficiency does not mean there will be less manufactures. Think about producing cell phone connections. That is not a job which requires a lot of manpower. Still there are a lot of cell phone companies in the US.
I also believe it is government job to try to prevent monopolies. However, I do believe the economy will be more socialist for different reasons in the US and Europe, but benefits are going to be weaker. In both continents the countries are on decline, especially Europe. This will cause their finances to be problematic and they will have to increase taxes because benefits are sticky downwards. Eventually, they will have to cut benefits as well. Right now Europe is turnig right due to immigration, not because people have something against welfare. I hardly think they will be able to solve their immigration problem and the newcomers, pluss the impoverished youth will probably drive the countries to the left again in 20 years or so.
Other countries are going to stay the way it is, Australia and New Zealand for instance. China is going to move to the right.