Stephen Hawking on the Future of Capitalism and Inequality
[ " Last Thursday, the acclaimed physicist and cosmologist, Stephen Hawking, dropped a truth-bomb about capitalism and the future of inequality.
With the rapid technological advancements of the past few decades (e.g. computer technology, robotics), we have seen economic inequalities grow at alarming rates, and a kind of plutocratic class of owners — that is, capitalists — become immensely wealthy.
Hawking believes that, if machines do end up replacing human labor and producing all of our commodities, and we continue on the current neoliberal route, we are on our way to becoming a sort of dystopia of a top ownership class, with immeasurable wealth, and a bottom ownerless class — that is, the masses — living in abject poverty.
In a Reddit Ask Me Anything session, Hawkins wrote: .... " ]
Hawking on future of capitalism
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