Viewing a single comment thread. View all comments

AdditionalPizza OP t1_itulozg wrote

>I don't think it's a matter of foresight.

What you describe thereafter is exactly foresight, just not on an individual scale. Governmental foresight with implementing security nets.

The US has mega rich corporations, but a lot of countries don't. However the US also has a pretty large population compared to other fully developed countries. Social security has been the target for stripping down over the years, and with the generation currently reaping its benefits, projections show younger generations will be with less. But that's more political than I care to dive into. And may not be the case in the US, I'm not from the states I'm north of the border.

I think cracks will form though, sure we have systems for unemployment, but those systems haven't been tested for crises levels of unemployment. It also begs the question of UBI being available, while some people continue to work.

1

User1539 t1_itut0f2 wrote

> What you describe thereafter is exactly foresight, just not on an individual scale. Governmental foresight with implementing security nets.

Well, not foresight. Those safety nets are already in place from having reacted to other disturbances in employment.

We haven't really done a single thing to change those existing systems to better handle what's coming, and I don't think we will.

It's just not in our nature.

2