Along with and underlying today’s employment crisis there is another, long-building employment crisis: The time has arrived when technology is replacing jobs in significant numbers.
The current solution is to treat people as nothing more than economic units and just discard the worker when the machine takes over, handing the resulting profits to an already-wealthy few. This is capitalism, where a few are allowed to “own” and exclusively benefit from what would otherwise be the common resources.
But the other side of this is each discarded economic unit is also a discarded consumer.
We have to come to terms with this.