Fallout of the Biological and Nanotech RevolutionsEdit
With the revolutions in human lifestyle, culture, thought, and essentially everyday way of life, the population of Earth exploded. Although many people could afford food and necessities, the population densities of cities and towns made life there almost unbearable. With the automation of almost all work, jobs were eliminated for the majority of the population. Only those in select government and services jobs, and those who stayed away from the population centers and cities could still find work.
Nations founded on the principles of capitalism were either unwilling or slow to react to the situation of the newly poor. These countries saw their middle classes dissolve, leaving the population divided into rich and poor, with the rich being comprised of those with specialized skills and business owners, and the poor comprising those who had no work or worked in menial task jobs that automation was still too expensive or too difficult to implement.
The more socialized countries of the world were far more responsive to the predicament. The primary move that saved their economies was the implementation of basic income. With a basic income, the economy of these countries continued with very little impact. Furthermore this allowed people to pursue higher goals and interests.