UPDATE: Of course, it is important to understand that the Industrial Revolution and "the overwhelming automation of the business of providing us with calories, warmth, and dryness has not left us short of things to do, and not feeling as though we have suffered status degradation." Read Brad DeLong's Grasping Reality with All Ten Tentacles, Did the Singularity Already Happen?
It sounds Utopian. But what will the middle-class do? Read The New York Times, Degrees and Dollars.
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