What happens when the global industrial bureaucracy that ruled the world for the past couple of hundred years becomes obsolete?
We're about to find out.
This industrial bureaucracy is being made obsolete by the very same technological change that spawned it. Job growth has already stalled in advanced economies, and we're about to explore the downward slope.
The last time this occurred was the destruction of agriculture as a socio-economic system.
That system didn't go peacefully.
It took two European civil wars and numerous revolutions to finally kill it. What will this one do?
I'm exploring the death of the industrial bureaucracy right now as part of my work on HomeFree America.
The death of the American Dream was a big warning sign something big was in play.
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I'm sure something interesting will emerge from the investigation being done there.