On September 25, 2016, Natalie Kitroeff writes in the Los Angeles Times:
Trucking paid for Scott Spindola to take a road trip down the coast of Spain, climb halfway up Machu Picchu, and sample a Costa Rican beach for two weeks. The 44-year-old from Covina now makes up to $70,000 per year, with overtime, hauling goods from the port of Long Beach. He has full medical coverage and plans to drive until he retires.
But in a decade, his big rig may not have any need for him.
Carmaking giants and ride-sharing upstarts racing to put autonomous vehicles on the road are dead set on replacing drivers, and that includes truckers. Trucks without human hands at the wheel could be on American roads within a decade, say analysts and industry executives.
At risk is one of the most common jobs in many states, and one of the last remaining careers that offer middle-class pay to those without a college degree. There are 1.7 million truckers in America, and another 1.7 million drivers of taxis, buses and delivery vehicles. That compares with 4.1 million construction workers.
While factory jobs have gushed out of the country over the last decade, trucking has grown and pay has risen. Truckers make $42,500 per year on average, putting them firmly in the middle class.
This is just one other example of how robotization and computerized automation is eliminating the necessity for masses of human labor. Such technological evolution will continue to accelerate, destroying all manner of jobs. This acceleration is driven by business corporations who seek to produce at the lowest cost possible to dominate markets, both domestically and internationally, and increase profits for their OWNERS. The vast majority of Americans, and other citizens of the world, will be further deprived of the opportunity to work at jobs to earn a significant income, thus causing increasing societal unrest and mayhem.
Some are advocating, as the solution, a guaranteed income, but that means income would become politicalized and determined by the OWNER MASTERS who control the State’s political systems, and who would agree to “hand-out” a portion of their earnings to quell social unrest, yet still maintain total OWNERSHIP of their capital asset wealth.
The alternative solution that I have been advocating in my writings since the late 1960s is EVERY CITIZEN AN OWNER! Most people have no idea of what this means because our education institutions do not teach the fundamental of enterprise structure and the logic of corporate finance, both used to empower the 1 percent to become productive capital asset OWNERS and create wealth and earn income from the capital asset portfolios they OWN.
Additionally, the vast majority of Americans, and other world citizens, ONLY know that a JOB is necessary to earn an income. They know nothing about becoming a capital asset OWNER. Or if they do, they realize that they are not in a position to become an OWNER because the system requires past savings to pledge as security for capital credit loans to invest in launching a new business or to invest in buying previously-owned stock in corporations, both of which are prone to risk.
What the vast majority of Americans do not know is that there are financial mechanism that can be used to empower EVERY child, woman and man to acquire wealth-creating, income-producing individual OWNERSHIP stakes in new capital asset formation projects, without the necessity for past savings or, in fact, not even a requirement to have a job or other other source of income. Such financial mechanisms use the logic of corporate finance, which EVERY wealthy person understands and uses to acquire OWNERSHIP of more and more capital assets, without using their own money.
The solution is to use INSURED, INTEREST-FREE capital credit to acquire OWNERSHIP of FUTURE capital asset projects whose formation has been determined, by bankers and return-on-investment studies, to generate FUTURE income to pay for the capital credit loan, and once payed, to continue to produce income for the OWNERS.
Unfortunately, our politicians and so-called leaders today NEVER educate the electorate nor advocate for economic policies that will transform our job-ONLY culture into a culture in which EVERY CITIZEN IS AN OWNER. Instead, every new project is justified on the basis of JOB CREATION, not OWNERSHIP CREATION, which the project backers know is the real interest.
What is needed is for people to educate themselves to the possibilities and opportunities presented in the proposed the Capital Homestead Act (aka Economic Democracy Act) at http://www.cesj.org/learn/capital-homesteading/, http://www.cesj.org/…/capital-homestead-act-a-plan-for-get…/, http://www.cesj.org/…/capita…/capital-homestead-act-summary/and http://www.cesj.org/learn/capital-homesteading/ch-vehicles/.
As a primer please read “Economic Democracy And Binary Economics: Solutions For A Troubled Nation and Economy” athttp://foreconomicjustice.org/11/economic-justice/