Overproduction & Excess Supply of Everything — Except Food

“My greatest fear is that much of the world could devolve into a dystopian nightmare in which increasing productivity brought on by automation and a global labor arbitrage crashes up against a reality of an overstretched global middle class no longer hungry to spend their every waking hour at the mall or the car dealership. This global goods glut arrives at the very moment that a combination of climate change, population growth and senseless farm policies have led to a potential global food crisis.”

The above quote is from Jon Taplin’s blog. If you’d like to know which way the wind is blowing at this bizarre point in history, you could read Jon Taplin.

Taplin calls the puzzling time in which we live “The Interregnum.”

— John Hayden

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August 29, 2012 · 12:22 am

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