Publisher's Synopsis
Automation Annuity with Magic Oranges presents a visionary economic response to the realities of automation. As machines take over more work and traditional wages disappear, economies shift into a dangerous deflationary cycle-what author Don Soards calls the "buyer's market" side of the production parabola.
The book introduces the Automation Annuity-an innovative income supplement funded by "progress dollars" to help restore purchasing power, protect market stability, and ensure widespread participation in the modern economy. Drawing on decades of economic observation, Soards outlines how public policy can transition from outdated seller's market logic to a demand-focused economic structure.
Accessible yet provocative, the book guides readers through essential ideas such as consumer-driven deflation, structural unemployment, universal basic income, and international coordination in response to automation's global impact. At its heart lies a simple question: who will buy what the robots make?
A practical guide and a philosophical challenge, Automation Annuity with Magic Oranges delivers bold, actionable ideas for anyone concerned about the future of work and the health of our economy.
