Summary
Contents
Subject index
DIY check-outs, drones, self-driving cars, and e-government: all are signs of the coming auto-industrial age. Will this end in mass unemployment or will new kinds of work emerge? Will 3D print production, desktop workshops and mass customization make up for lost blue-collar jobs? What will happen to health and education in the auto-industrial age? Will machines replace teachers and doctors? What might the economic and social future dominated by self-employment and a large DIY industry look like? Peter Murphy’s lively, provocative book addresses these questions head-on.
Public Goods
Public Goods
Post-Industrial to Auto-Industrial
It is hard to say exactly what occupations a future auto-industrial society will generate. Governments doubtless will be tempted to try and create ever more post-industrial jobs in an era when the need and demand for such jobs is declining. The limit of this is clear. Governments rely on budgets that depend on the underlying real economy. The wider economy produces the tax revenues that are the financial lifeblood of government. If the real economy shrinks so does the government’s tax base. Public finances ultimately depend on private finances. The success of the future real economy depends on it making an effective transition from post-industrialism to auto-industrialism. The best contribution that governments can make to this transition is fiscal ...
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