We Are No longer an Industrial Economy – IOTW Report

We Are No longer an Industrial Economy

Good luck Trump. The people have spoken.

They have chosen to replace three symbols of industry out of the Monopoly game, the thimble (textiles), the boot (cobbling), and the wheelbarrow (building), in favor of the meaningless duck, penguin and the dinosaur.

I know it’s just a game, but the game was based on capitalism. Now the icons are ones that appeal to people’s “feewings.”

ht/ js

15 Comments on We Are No longer an Industrial Economy

  1. You ain’t seen shit yet. The global economy is MOVING. People don’t figure into production. Converting raw material into desired commodities has been the paradigm of creating wealth. Now that is getting abstracted to the point the real economists have no fucking clue where the valuation of currency vs productivity (what ever the hell that is) is headed.

    We’re seeing today the advent of a new structure.

    Before Wall Street figures it out, I figure we’ll all starve.

    But the intervening riots should be big fun.

  2. Never caught that symbolism before. Thanks Hat. Makes sense.

    Couldn’t they have used a beaver to represent our burgeoning sex trade though? Penguin? Global warming I guess. Dinosaur? Republican Party maybe.
    Duck was best uttered by Clint Eastwood. As in “duck you suckers”.

  3. Lowell,

    I think I know where you were headed with that. Robotics, automation? The economists have already figured that out. They’re going to tax the robot, and pass the money to us. Evenly distributed of course. I read an article on this last week.

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