Http://genpaku.org/k Eynes/misc/keynesfut Ure.pdf

Economic Possibilities for our Grandchildren (1930) by John Maynard Keynes, translated by Hiroo Yamagata.

The current economic situation is dire, but in the long run, the economy has been growing rapidly since the 17th century due to technological innovation and capital accumulation. If this growth continues, the economy will undoubtedly become much wealthier, and problems like unemployment will be temporary.

When humans no longer have to work to survive, they will have to find new purposes in life. Currently, people are driven by the desire to work and earn money, but this value system may change. Those who are truly fulfilled will be respected, and people will have to find ways to enjoy their leisure time.

However, this will not happen for over a hundred years. In the meantime, people should prepare to enjoy their lives. The current economic pessimism is misplaced, and the growth of capital and technological progress will continue to improve living standards.

In the past, economic progress was slow, but since the 16th century, capital accumulation and technological innovation have accelerated. The population has increased, and living standards have improved significantly. If capital continues to grow at a rate of 2% per year, the world's capital equipment will increase by 50% in 20 years and 7.5 times in 100 years.

Technological progress will continue to improve efficiency, and people will have to find new ways to occupy themselves. The concept of work and leisure will change, and people will have to find ways to enjoy their free time.

The idea that humans have infinite needs is a myth, and once basic needs are met, people will have to find new purposes in life. The current value system, which emphasizes the accumulation of wealth, will change, and people will have to find new ways to define themselves.

In the future, people will have to find ways to occupy themselves, and the concept of work and leisure will change. The wealthy will have to find new ways to enjoy their lives, and the rest of society will have to follow.

The transition to a life of leisure will be difficult, and people will have to find new ways to define themselves. The current economic system is based on the idea that people need to work to survive, but this will no longer be the case.

The future will be shaped by the choices people make, and it is up to individuals to create a fulfilling life. The concept of work and leisure will change, and people will have to find new ways to enjoy their lives.

In conclusion, the economic possibilities for our grandchildren are vast, and the future will be shaped by the choices people make. The current economic system is based on the idea that people need to work to survive, but this will no longer be the case. People will have to find new ways to define themselves and enjoy their lives.