With capitalism and its brutal hire-and-fire practice the current dominant economic model in the modern world, the issue of iron rice-bowl or iron bread-basket has assume unprecedented importance in the social stability and economic well-being of humankind.

At a time when joblessness becomes a social phenomenon and big social ill, we should ask ourselves the fundamental question of whether jobs are essential for social well-being and social cohesion?

We should ask: Is joblessness in the modern world becoming a terrible social problem that represents a terrible injustice?

And as rapid technological advances lead to ever increasing mechanization, automation, robotics, and artificial intelligence, the issue of iron rice-bowl becomes even more important in modern society.

We really need to ask: Do we want a mindful capitalism or a heartless capitalism?

And how do we deal with the terrible problem of joblessness?