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Do factors like technological advancement have the ability to change public perception and acceptance of societal models (such as from capitalism to socialism)?
Assuming that improvements in technology do continue to contribute to unemployment rates in the United States, might we be more inclined to turn to socialistic models (such as welfare and universal health care) in the not-so-distant future?
What is your current view of socialism and how might such a potential impact of improving technology change or strengthen your position?
The socialization of medicine and other basic services are only indirectly related in that the new positions being created are all subject to downward wage pressure. An example is that as we outsource more higher paying white collar jobs, ie US programmers making 60K outsourced to India programmers making 5K, than the variance between the two salaries will cause the lower salary to increase and the higher salary to decrease. As this occurs on a larger scale than the overall direction for wages will go down for one economy and go up for the other economy.
What this means is that there will need to be more social investment specifically in education, job training/re-training, placement, and relocation plus increases in medical allowances etc will also have to follow. With respect to the last if we look at low end service jobs such as Wal-Mart the median and starting pay are below what would be a living wage if one were to fully take care of their own health care, housing, food, etc so if these type of jobs increase than an increase in these type of social services will have to follow.
This is not purposeful socialization though but a reactive type dictated by the specifics of the economy. And stepping back it makes sense both from the social and economic perspective because if there is not a secondary input (government) when downward wage pressure occurs than both aggregate demand and the economy decline.
All in all, I do not see this as a problem unless we overreact--the natural tendency of both left and right...Well, maybe I do see a bit of a problem there....