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    Economics / artificial intelligence, capitalism, consumption, democracy, plutocracy, the future of work /

    The Problem of Unpaid Work?

    June 15, 2026

    Just a thought … Carl Benedikt Frey [Financial Times this morning] has me thinking.  How unwise of him! An economy is the aggregate of all the work we want done.   It is not simply what we measure.  This is not revelatory, but it is becoming more important to think about the divergence between the […]

    Economics, Politics / capitalism, democracy, economic theory, marginalism, plutocracy /

    Sissy Wants to Know. Thanks.

    June 10, 2026

    Quick question:  I had always assumed that rising productivity implied rising wages.  Am I right? Yes, I know about the great divide since the end of the 1970s.  Productivity carried on upwards.  Wages rose, but as much.  So the two no longer track in that happy coincidence that economist like to think as being inevitable. […]

    Commentary / Burnham, capitalism, corporations, democracy, Drucker, inequality, plutocracy /

    A Machine Can Do That

    June 8, 2026

    Yes.  I am struggling.   “The greatest danger in times of turbulence is not the turbulence; it is to act with yesterday’s logic.” That’s Peter Drucker talking back in the days when it was easy to discuss the future.  He was full of what seem trite sayings about what was ahead of us, after all […]

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    • The Problem of Unpaid Work?
    • Sissy Wants to Know. Thanks.
    • A Machine Can Do That
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