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http://www.juancole.com/2013/07/bankruptcy-americas-globalization.html Juan Cole: While other cities have avoided Detroit’s extreme fate, I think the nation as a whole faces some of the intractable problems that the city does, and I don’t think we have a solution for them... It seems to me that we need to abandon capitalism as production becomes detached from human labor. I think all robot labor should be nationalized and put in the public sector, and all citizens should receive a basic stipend from it. Then, if robots make an automobile, the profits will not go solely to a corporation that owns the robots, but rather to all the citizens. It wouldn’t be practical anyway for the robots to be making things for unemployed, penniless humans. Perhaps we need a 21st century version of ‘from all according to their abilities, to all according to their needs.’ ________________________________________________ Send list submissions to: Marxism@greenhouse.economics.utah.edu Set your options at: http://greenhouse.economics.utah.edu/mailman/options/marxism/archive%40mail-archive.com