“The Real Story of Automation Beginning with One Simple Chart” @scottsantens https://medium.com/basic-income/the-real-story-of-automation-beginning-with-one-simple-chart-8b95f9bad71b
Things are getting worse
In the last 30 years economic inequality has significantly increased. People at the bottom struggle for food and shelter, while those at the top earn many years worth of the average salary while they sleep. The majority in the middle work hard yet lack savings, living their entire lives a few paychecks from destitution.
Recently I counted 5 people sleeping in shop doorways on the Cowley Road. Such a scene was unthinkable 30 years ago. But homelessness is just one highly visible symptom of a much bigger social catastrophe.
Things have got so bad that even mainstream discourse has shifted to reflect the new reality. We’re routinely told that millennials face low wages, poor quality jobs, high debt, and worse economic outcomes compared to their parents. People now accept that the political system is rigged by a rich elite who’ve captured the institutions of the nation…
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A research report, published in the British Medical Journal (BMJ) Open – theEffects of health and social care spending constraints on mortality in England: a time trend analysis, concludes that austerity cuts are correlated with an increase in mortality rates, confirming what many of us have proposed for some time. The research revealed that there were 45,000 more deaths in the first four years of Tory-led “efficiency savings” than would have been expected if funding had stayed at pre-election levels.
The new study strongly suggests that austerity policies have caused 120,000 deaths.
The joint research was conducted by Oxford, Cambridge and University College London, and it makes clear links between cuts in government health and social care spending and higher mortality rates in England.
Cambridge University’s Professor Lawrence King, who contributed to the study, said: “Austerity does not promote growth or reduce deficits – it is bad economics. It…
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