I hereby define the John Galt Point as:
the time in future when a combination of exponentially increasing productivity through the use of technology, exponential increases in life-spans, exponential increases in population that can be a accommodated on this planet, will result in a critical amount of people living on government welfare alone, and will result in people paying for that welfare cost to go on strike.
Can we predict approximately when it will be? I need Hari Seldon & Ray Kurzweil to work on this.
The John Galt Point will result in a global economic collapse and a return to the dark ages for most of the population living on this planet. It will most probably involve a huge brain drain from planet earth to other extra-terrestrial life sustaining systems.