via euansemple.com
While working in Riga and Corby last year, and walking round the large housing estates in both places, I found myself wondering what on earth we are going to do with the large numbers of people who used to be employed in industry and increasingly find themselves not only without jobs but without any real means of finding gainful employment. They can't all blog, network, and become entrepreneurial!
In the long run I can easily see our current system dominated by large multinational corporations collapsing under the weight of its own disfunction and being replaced by smaller, more local, more networked ways of providing value and trading - but this transition is not going to happen in a hurry and is going to cause a lot of pain as it happens.
This post from Stowe Boyd points to some really interesting thinking on this issue. It also extends the problem from manual workers to “knowledge workers” as robots and automation replace many of the jobs that we currently educate our kids to fulfil.
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Caught my eye because of the word Corby – just down the road from me so very familiar territory. And it is all too true. The latest labour market statistics do not paint a pretty picture.
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