In one word, technology. Business has adopted the technology to have virtual companies all over the world.
This is not the doing of any politician. But, it does point out the difficulties which come with massive technological upheaval.
This is what is most frustrating to me, listening to these guys. One says he will create jobs by reducing the personal tax rate on sole proprietorships and partnerships, while the other is vague but says that he will do it by spending on education, in part.
Nobody is talking about the structural change which has occurred, and continues to accelerate in the world economy. The world workplace has profoundly changed. I would like a presidential candidate to recognize this publicly, and tell me how he intends to lead us into this new world paradigm. I would like him to say that he is going to being a substantial initiative of the best minds in business and academia, medicine and the social sectors, to come up with ideas on how to stop the decline I our prosperity, which is inevitable, unless something new happens.
I would like to hear how I, as a working middle aged person, will be expected in ten years to support two people on social security, while building my own retirement.
I would like to know what happens in 10-15 years when every factory worker on the planet is replaced by a robot. What does it mean when machines start to replace people in large numbers. What is the plan to transition to an essentially jobless society within 30 years?
Who’s does one distribute income in such a society? Does it all go to the robot and computer owners?
These are not far fetched questions.
What do we do to achieve due process and legislative sobriety, and still keep up with the astonishing rate of change? The last president’s curtailment of our civil rights was not the answer to coping with a changing world, and this one just went right along with the program. Why are we not talking about how to make our political system responsive, instead of gridlocked?
What do we do about the disenfranchisement of our entire population? By that I mean, what do we do about the ownership of our government by corporate interests?
None of these questions ever come up. All we hear about is tax rates and medical care. Important issues, but they pale in comparison to some of the larger issues.