In the future we will need wealth redistribution more than ever

By Glen Wallace

In regard to the Bloomberg interview with Ron Paul posted below, I don't think the citizens have ever expected the government to do as much as Paul says.  Congress and the president just keep on acting separately from the public and then just hold a popularity contest every 2 years to see who gets to stay or join up with the ivory tower that is capitol hill.  Who among the citizenry, after all, has demanded we have several hundred overseas military bases?  Not many, but the politicians go ahead and fund those bases, give out foreign aid and farm subsidies that most citizens are blissfully ignorant of, much less advocating for.

Also, I highly doubt that we are not as productive as we used to be.  I'm quite sure instead that we are much more productive than we ever have been.  It is just with every improvement in productivity, the fruits of those improvements have been going into fewer and fewer hands.  Unfortunately that regressive trend will likely continue where every job lost to technology will only represent a loss of income for the worker replaced by the machinery while the owner will just hang on to all the increased profits due to the total cost of ownership of the machine being less than the cost of the employee.  I don't see any other way to reverse the trend other than with the help of the government to force a fair redistribution of the nations wealth and bounty.

We are living in a fundamentally different time from when the constitution was written.  There was no such thing back then as the computers, robots and artificial intelligence that now or in the future could potentially replace the modern day equivalent of the colonial blacksmith, cooper, cobbler and every other position that was once held by a human being.  Without a government enforced fair distribution of wealth, how will a human be able to have any income in a world where there are no no longer any jobs that provide an income for humans?