The Luddites were a social movement of British textile artisans in the nineteenth century who protested – often by destroying mechanized looms – against the changes produced by the Industrial Revolution, which they felt were leaving them without work and changing their way of life. It took its name from Ned Ludd.
The movement emerged in the harsh economic climate of the Napoleonic Wars and difficult working conditions in the new textile factories. The principal objection of the Luddites was to the introduction of new wide-framed automated looms that could be operated by cheap, relatively unskilled labour, resulting in the loss of jobs for many skilled textile workers. The movement began in 1811 and 1812, when mills and pieces of factory machinery were burned by handloom weavers, and for a short time was so strong that Luddites clashed in battles with the British Army. Measures taken by the British government to suppress the movement included a mass trial at York in 1812 that resulted in many executions and penal transportations.
It was automation that did it, automation causes unemployment, you know things like ATM machines, automated factories, automated ordering systems, things like that.
President Obama explained to NBC News that the reason companies aren't hiring is not because of his policies, it's because the economy is so automated. ... "There are some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers. You see it when you go to a bank and you use an ATM, you don't go to a bank teller, or you go to the airport and you're using a kiosk instead of checking in at the gate."
It's as if ATMs were just invented, says Obama.
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