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No Real Jobs In The New Economy
Gordon Brown's Labour government and the failing Obama administration in the USA, feeling power slipping through their fingers, are trying to lull people into a false sense of security with claims the 'green' and the 'digital' economies will restore prosperity. This as a blatant lie, nobody needs a PhD in economics or Social Science to understand that the "new economy" of green businesses and digital commerce will destroy not create real jobs...

No Real Jobs In The New Economy
by Xavier Connolly and John De Roe.
2010-04-10
CREATIVE COMMONS: Attribute, non commercial, no derivs.
KEYWORDS: new, economy, growth, jobs, employment, finance, business, university, academic, science, research, technology

We came across an article outlining the alleged benefits to the nation of the new "hi tech economy" (Blair's Knowledge Economy I guess) in which we will all make our living from the research being carried on in Universities.

Read the articleThe New Technology Model As a lecturer and consultant engineer I find the naive belief in "the green economy" and the "hi - tech economy" as drivers of the future economic prosperity depressing.

It has been shown that the "green economy" will cause two redundancies in the real economy for every one it creates in the "new" economy and the adverse relationship of new jobs to jobs destroyed is even greater with hi - tech.

A large local employer in East Lancs runs several call centres for the Littlewoods group. They are shedding about 2000 jobs thoughout this year as the parent group pushes more of its business online. How many jobs will be created in the datacentres. Maybe ten.

How will the R & D carried on in Universities be commercialised when so much of it clearly has no value? At one of my Daily Stirrer colleagues' satirical Boggart Blog we frequently pick up on stories about pointless research carried out in Universities particularly those where researchers study mice and claim to have gained insight into the human condition. One quite recent example was a project to learn what happens when mice are fed a high fat diet and their mouse wheel is removed. Result: The researchers learned the mice get fat. We must have had a couple of dozen similar stories in the past twelve months.

Thinking in terms of Blair's "Knowledge Economy" just who is going to pay for such knowledge. Come to that who is going to pay for genuine advances in engineering, IT or halthcare? Most of our real economy has migrated to the Far East and the industialised nations there are perfectly capable of doing their own R & D. In fact they are somewhat ahead of the west in many areas.

Apart from that, what will become of the vast mass of people who are doers, the people who have excellent skills but are not cut out to be academics. How many people can Universities employ in R & D departments from among those whose intellectual and psychological makeup equips them to be factory or farm workers, clerks, mechanics, tranport workers. Our Universities have already overproduced graphic designers, media professionals, social scientists, art historians and business administrators. How many "scientists" can we absorb in an economy that is crying our for plumbers, joiners, electricians, assembly workers and people with a host of other practical skills and abilities?

This pipe dream of a high tech economy centred on Universities is just another diversion concealing the political establishment's sleight of hand in creating jobs for tax eaters to mask their total failure to cope with changing world economic conditions. Politicians have been keen to push change but are useless at dealing with its adverse consequences.

John De Roe worked for many years in finance and now is a financial manager for a local authority, Xavier Connolly was a professional enginerr ans is now a part tiome lecturer and consultant.

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