Yes! McKinsey, among others, because of the robotization of our economies, we do need "decent and worthy unemployments"

Sir, Martin Ford of writes that the impact of robotization “portends a social, economic and political disruption for which we are completely unprepared. Widespread unemployment (or even underemployment) has clear potential to tear society apart. It also carries substantial economic risks: in a world with far too few jobs, “who will have the income and confidence to purchase the products and services produced by the economy?” Where will demand come from?” “We are completely unprepared for the robot revolution” May 3.

That is precisely why in 2012 in an Op-Ed I wrote: “We need decent and worthy unemployments”. Sir, I have written several letters on you to this subject but, since you decided to censor me as effectively as the Maduro government of Venezuela has censored me, you ignored these.

And Ford also asks: “who will have the income and confidence to purchase the products and services produced by the economy?” Where will demand come from?”

On this I have also written several letters to you indicating that a Universal Basic Income, might be one way to resolve this, efficiently, while keeping the redistribution profiteers at bay.

Lucy Kellaway is my large glass of wine that keeps me suscribing to FT and writing letters to its (quite dumb) editor

Though that would clearly be highly unethical journalistic behavior, it is clear that someone somehow must have issued a strong, very strong, recommendation to ignore my letters to the Financial Times.

And obviously that should have me raving mad and cancelling my suscription to FT.

But it is when I read something so great like Lucy Kellaway’s

“The reply consisted of one word: Noted. This was the perfect passive aggressive response. It was just about polite enough for me to have no legitimate grounds for complaint. It shut down the discussion, and left me with only one sensible course of action — to pour myself a large glass of wine and see”

... that all is forgotten. That it is just the kind of my large glass of wine that keeps me suscribing to FT... and keeps me writing letters to You Dear Editor.

With my very best regards

Per Kurowski

PS. I sure hope and pray this will not create any trouble for Lucy Kellaway. Sir, I swear she’s innocent!

@PerKurowski ©

Venezuela: stop press?

Today I was censored in Venezuela

Financial Times