498: Everything’s a Racket

Detail from The 4th of July by James Howard Kunstler

Detail from The 4th of July by James Howard Kunstler

As the weekly C-Realm Podcast production schedule winds down, KMO invites long-time, repeat guest, James Howard Kunstler back to the program to talk about what has allowed the world economy to levitate in defiance of the laws of economic physics for the last 8 years. KMO asks about the prospect of continued job loss to automation, and JHK says that there's no need to worry about robots stealing your job. Rather, he says, it's time to take an interest in working with mules. They also touch on the US presidential election.

One thought on “498: Everything’s a Racket

  1. I really liked your ramble at the end of the episode. It’s funny, because I recently went to a temp agency and was told that the fact I spent only a few years at each job was a strike against me. Maybe it was because I didn’t have a new job lined up when I left each company. I wasn’t eager for a new challenge. I just got “burnt out” (translation: racked by guilt and despair). I wish I’d seen the Facebook meme you mentioned. I thought that was great. You also made a great point about Fast Company’s comment that the economy will never provide the wealth and security we in the American middle class grew accustomed to in the late 20th Century. I see that as the result of politics and natural resource depletion. Kunstler is right to be wary of Bernie’s socialism. No economic policy is likely to bring back the abundance of the 20th Century. But I think Bernie’s platform could put most of us back in the same boat, as it were, without reducing us to poverty. In Bernie, I see a chance to reinvigorate the idea of shared sacrifice.

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