Michael Barnard
1 min readAug 31, 2021

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You didn't attend to the major point, that profit is increasingly decoupled from labor, and hence wages.

The past decades in many developed countries, but especially the USA, have seen automation replacing highly paid semi-skilled labor, and driving is coming fast. There are 3 million professional drivers in the USA alone looking at a cliff coming when autonomous trucks and taxis replace human drivers. Those drivers will be like factory workers and coal miners before them, hunting scarce employment of equal wages.

Read this book, then think about tying benefits to humans instead of the businesses which will increasingly no longer employ humans.

https://www.amazon.ca/End-Work-Decline-Global-Post-Market/dp/0874778247

Serious people and organizations globally are looking at a global corporate wage base to prevent the behavior of corporate flight you are talking about, and it's bearing fruit.

https://www.oecd.org/newsroom/130-countries-and-jurisdictions-join-bold-new-framework-for-international-tax-reform.htm

The organizations which are profiting have to pay their share in order to participate in society. After all, they are accorded the rights of humans.

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Michael Barnard
Michael Barnard

Written by Michael Barnard

Climate futurist and advisor. Founder TFIE. Advisor FLIMAX. Podcast Redefining Energy - Tech.

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