posted July 15, 2010 10:02 AM
watching the news last night, usually prefer to read the news but was at friends'...apparently netflix is laying off several thousand workers.now one might say tsktsk more proof that the economy is being further damaged by our current administration (and we know some WILL say this) but is that actually the case? or is the loss of jobs due to something else?
as the story proceeded it was explained that netflix is laying off not to streamline the company. not because it can't afford the workers. not because of taxes. none of it. it is laying them off because demand increased so much this year that they HAD TO IMPLEMENT TECHNOLOGY TO COVER THE ORDERS
= rather than hire more workers and spread the wealth AROUND, netflix has bought machines to do what people were doing. thus increasing their profit AND their profit margin. very good for netflix, but not so good for the economy.
so where is the free market taking us now? to a nation of idle folk run by machines? could it be (gasp, groan) that this is the cause of a great many unemployed people in the country and not current policies at all?
so on top of the financial sector selling millions of bad risk mortgages around the world and making billions on people losing their homes, AUTOMATION mach II is a large part of the problem. perhaps we should solve this by destroying all new technology. or perhaps it is in our best interests to learn new tricks and get WITH the new economy instead of insisting on staying in the coal/oil age while everyone else moves on?
Lindaland
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posted July 15, 2010 10:02 AM
