This article talks about the growth in the homeland security market due to innovative technologies. This growth continues despite the sequester cuts that included the Department of Homeland Security which dominates 60 percent of the 31 billion dollar market. Some of the things that the technologies are doing are quite fascinating, but more importantly keeping those who work border control safe. However, because of the heavier reliance on technologies, it is quite directly removing jobs from the market. While the value of keeping hard-working individuals out of harm's way might exceed the utility for jobs, this is a prime example Marx's demise of capitalism. For those who may lose frontline jobs in this market due to being replaced by technology, where are they to seek future employment? We see similar similar trends in other industries as well with class sizes growing in education with the MOOCs and technological industrialization of manufacturing. These innovations give rise to new markets all the time, but what about the labor force that is not educated enough to pivot into these markets?
http://www.thefiscaltimes.com/Articles/2013/03/15/The-Booming-Business-of-High-Tech-Border-Security.aspx#page1
1 comment:
The fact that homeland security is one of the markets we try to make a profit in is sad because we need these people to protect ourselves from outsiders and these people have a specific skill set making structural unemployment rise
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