Why Post Labor Needs Urgent Work
Summary
The discussion on post-labor economics is critically urgent, driven by the historical context of neoliberalism. Neoliberalism, conceived in the 1940s, became the economic status quo by 1980, requiring decades for its ideas to disseminate, problems to be recognized, and models to be stress-tested. The argument posits that the next economic iteration, specifically post-labor economics, should have been developed concurrently with neoliberalism's rise in the 1980s. The current delay means society is already behind schedule in addressing the fundamental shifts required. While industrialists and Silicon Valley focus on creating abundance, the immediate need is to package and implement solutions for a post-labor economic framework, building upon foundational work already completed over recent decades.
Key takeaway
For policy makers and economic strategists evaluating long-term societal stability, you should recognize the urgency of developing post-labor economic frameworks now. Waiting until current systems fail means you are already decades behind, as evidenced by neoliberalism's slow adoption. Prioritize dedicated efforts to design and implement new economic models, rather than solely focusing on technological abundance, to avoid future crises.
Key insights
Proactive economic model development is crucial, as societal shifts often outpace policy implementation.
Principles
- Economic paradigms require decades to disseminate.
- Anticipate future economic needs proactively.
In practice
- Begin developing new economic models early.
- Separate abundance creation from economic model design.
Topics
- Post-Labor Economics
- Neoliberalism
- Economic Models
- Wealth Redistribution
- Future of Work
Best for: Policy Maker, Consultant
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Editorial summary, takeaway, and curation by AIssential. Original article published by David Shapiro.