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An argument well done, although not complete. (Yes, I know, the prevailing journalistic school of thought we have become adopted to is to always have an angle (single bend) toward which the entire argument is aimed at).

Im no Luddite, humanity's well being is due to creative forces of fashioning new resources, processes, and industries. However, we should always keep in mind when discussing these things that there are, generally two branches (which are not de-correlated): economic-requirements and human needs. A government (as evil and necessary as that institution is) when biasing a system only toward one extreme will find itself in the midst of revolutions at the other one. In a reasonably well constrained free-market economy system the role of government would not be to choose one over the other branch. [All monopolies, and I have yet to find an exception, are due to lobby of government/laws by private business... biasing the entire system in a uncontrollable way].

Transient balance is needed; building deep roots in physical reality of both, human needs and economic requirements for a particular society structure. This is not possible in totalitarian and/or purely socialistic systems of governments, yet, the west is not so slowly turning toward these concepts of governance. No amount of automation will solve these issues, since the other branch of the problem will suffer unbearable stresses until it breaks.