Time for a New Social Contract Archives

daniel June 7, 2018June 7, 2018 Alaska Permanent Fund, cheap power, Cryptocurrency mines, cryptocurrency mining, Cryptocurrency Mining is a Political Issue, How Technology causes Income Inequality, Is Basic Income the Answer?, Mid-Columbia-Basin, Mold-Rite Plastics, new social contract, Plattsburgh, Should Cryptocurrency Mining Be Banned?, social contract, the cheap power, the old social contract, Time for a New Social Contract

Did Cryptocurrency Mining Threaten Jobs?

The situation in Plattsburgh demonstrates how the new high-tech economy generates both income inequality and political controversy.

Progress is ripping up the social contract written at the end of the last Industrial Revolution.

Investors need to consider the ethical implications of some of this new technology. If they do not, everybody will suffer from the political backlash.

Developments in Plattsburgh prove that the old social contract is dead and it is time to write a new one. If we do not write a new social contract our cities will burn, and many people will suffer.