In the not-too distant future we can expect to see a rapid increase in structural unemployment as a result of increasing substitution of technology—including sophisticated robots—for human labor. A massive shift to new energy technologies can, in the short run, substitute for many jobs lost in the dirty fuel industries we must, and will, phase out.
In his article entitled “What’s the Role of Race in the New Economy Movement?” author Penn Loh argues that people of color have a foundational role to play in the establishment of a new economy because the very idea of a new economy has arisen from a discontentment with the injustices of the present system, of which people of color have borne a disproportionate share of the burden.
Both in precedent and principle, we should consider rejecting the nomenclature and notion that there is anything truly new about the New Economy movement.
Join us for a day of celebration and exploration of the new economy.