The Advantage of Keeping the Economy Human

The Advantage of Keeping the Economy Human

The Advantage of Keeping the Economy Human

Some people think of the new automated economy in terrifying and mechanical terms. In such a vision, machines reign supreme as they work tirelessly, silently and efficiently to maximize production and replace humans. Increasing automation will soon put tens of millions out of work and change lives for the worst. Indeed, people matter little in this vast global machine of the coming economic era.

This mechanical vision would be true (and incredibly boring) if all its components were machines. However, there is an advantage that comes from human nature that can make economy exciting, dynamic, and creative. In his new book, The Human Advantage: The Future of American Work in an Age of Smart Machines, Dr. Jay W. Richards argues that machines need not prevail if this human advantage is maintained.

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The author does much to put the proper use of technology in focus. His historic perspective finds that similar problems existed in the past, although change came more slowly. He further shows how the war against progress being waged by today’s eco-liberals is really just a rehash of myths about capitalism, greed, and upward mobility, which he amply refutes.

The key problem with today’s fast-paced economy is keeping it human. People must not succumb to the pull of materialism that seeks to turn them into machines, computers, or even algorithms. Keeping things human means not being enslaved by one’s passions and thus being truly free. When people exercise self-mastery, they will work together with new technologies, not against them. In this way, technology serves man and not the other way around.

That is one of the refreshing things about Dr. Richards’ book; it goes beyond the statistics and theory. His perspective is informed by virtue. Indeed, he states that “Virtue above all else determines whether we will flourish. If we cultivate our future in the right way, we will exploit not just our comparative advantage over machines but our absolute advantage. That way, machines will augment and enhance our work rather than replace it entirely.”
The Advantage of Keeping the Economy Human

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By keeping things entirely human and virtuous, Dr. Richards shows how everyone can exploit the human difference and do those things that only humans can do.

The human ability to create and invent new things is one of these unique things. The fear of automation all too often corresponds to a lack of courage to find new and creative ways of doing things. Dr. Richards believes that Americans need to return to those skills of creativity, resilience, and empathy for the needs of others that they once practiced in the past. This return to creativity includes the courage to face failure and start over again.

Yet another human advantage over machines is the ability to pursue happiness. Dr. Richards makes the distinction between happiness and its pursuit. Happiness is readily reduced to easy pleasures, which ultimately frustrate. The pursuit of happiness necessarily involves the struggle and suffering that accompanies a life of virtue. Happiness often results from overcoming adversity and hardship. It is not surprising to see this professor of economics at Catholic University citing Saint Thomas Aquinas, who asserts that true “happiness is secured through virtue.”

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Finally, humans have the unique ability to build relationships and institutions that support their pursuit of happiness. Dr. Richards calls upon readers to reject to cold bureaucratic (and mechanical) governmental programs or one-size-fits-all solutions that solve nothing. Natural human institutions like those of family, community and faith are needed. Ultimately, he claims that “to instill virtue, the virtue-forming institutions, not government must lead.”

Pursuing the human advantages is not without its risks. Technology is a double-edged sword. Dr. Richards warns that “Any tool that extends our power to connect and create can be used to divide and destroy.” The path ahead is not easy, considering the decay in society today.

Indeed, there is nothing automatic or programmed about the free will. That same human advantage that makes a bright future possible can also cause its downfall. That is why culture matters and ultimately decides the future in the coming age of smart machines.

As seen on American Thinker.

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