The idea of specialation is a good idea if everything is in order, but if there is one hic-up then the entire system falls apart. But when times are decent it is a good idea to employ specialists...but I imagine that the entire country of Venezuela will have a difficult time re-starting the economy because they need to find 10 people that can do a segment of a single job. It costs alot more to be a generalists than it does for a specialists to opperate. An intresting thing to consider is that 'oil' is a slave. (I know it sounds weird!) But modern society would be alot more expensive if our oil slaves did not work for free. That is why I can go to the store and buy a loaf of bread for cheap, but if there was not a machine then bread would be expensive. But in today's world it is impractical for a single household to know how to operate 10 different machines.
Society has hit a ceiling and the way that society is built our lifestyles are 'unsustainable'. -If something cannot go on forever, it will stop,” said Herbert Stein-
I do not agree with the fact that huge sections of society should be killed off, however I am just trying to deal with the facts, and the facts are that (Society is exploding in population and many people are to selfish to change there ways.)
GOD did not design the human body to opperate under certain conditions. Both of us would like to live in a more sustainable (self-autonomous) lifestyle, but the livestyle that each of us like to think about is far removed from the way that society is designed. The reason is because it is not profitable for people to live a natural livestyle. Many people would not be as sick if they were to eat a more natural diet, and the healthcare industry depends on people being sick. Of course I do not think that the healthcare industry should be totaly done away with.
RE: How the Blockchain is Changing Money and Business - Don Tapscott (TED Talk)