Friday, April 12, 2019

Yang

Andrew Yang is the candidate running for president who wants to give $1,000 per month to every American. His reasoning follows the ideas presented by Karl Marx. Marx felt that with innovation the extra profits from automation would go to the business owners and the workers would be left out. Yang feels that as low skilled people lose their jobs to robots the profits will go to the owners and the workers will be out of a job. He feels that someone must buy the products that robots are making and the laid off consumers will use the $12,000 per year for that purpose. He presents an interesting problem but his solution makes people a little uncomfortable. It also shows that he feels that people will not be able to adjust on their own.

No comments:

Post a Comment