if we're willing to accept solutions to the problems that creates. I see two problems: 1. lost jobs and 2. price increases when competition goes away.
Basically, the modern capitalist economy breaks down in the face of progress. I realize it's hard to get past that realization. In school I was never taught even the concept that there were alternatives to Adam Smith style 'competition makes everything better' capitalism. I don't mean I wasn't taught competing systems, I mean the notion that there _were_ alternatives wasn't taught. Capitalism was and is a tautology.
Automation is making labor obsolete. It's taking longer than we expected. Some things turned out to be trickier. But it's happening. So what are we gonna do? We still want all this stuff (books, movies, appliances, etc). The first world got by for 20 years or so by sending our slums to China. But we're running out of work. Foxconn's using robots now. China's losing out to poorer East Asian countries. We're all in a race to the bottom.
Given that our entire society is built around a 'if you don't work you don't get to eat' model, I really only see two options. Socialism and redistribution of wealth or abject poverty for all but a lucky few. (BTW, If you're reading /. in your spare time you're not one of those lucky few. ).
I'm open to alternatives, but all the ones I've heard from my libertarian buddies are either pipe dreams where people share their wealth in ways they have no reason too and never have in all of civilization, or just boil down to a round about way of achieving socialism. When I point that out they usually change the subject or just say 'well, screw it, I got mine. Let 'em die'.