>>7191213>The reason people aren't getting benefits from automation is because of government and central banks propping up prices when they should be falling.>Free market + free market currency means a massive service sector and most people are retired.>Yes there is lmao I just explained it.even if we eliminated minimum wage, robots will eventually become more valuable as labor than most people, and what then? what good are falling prices for the people who don't have an income?
not to mention that as wages fall, peoples spending ability decreases, and the economy will slow
>AWESOME>Prices get lower and the economy shifts towards service sector. That and people work 1-2 days a week now and make what they would be making when they used to work 5 days a week.automation should be awesome, but the average person doesnt see most of the profitability of it. real life has already shown that the capitalist would much rather train and employ 1 person 5 days a week to do the work of 2 people rather than 10 people 4 hours each a week to do that same work
>Never going to happen, and if you people tried, the people will rise up to slaughter you. :)revolutions don't start because of commies, they start because of an unhappy populace. its up to capitalism to stay afloat and not leave an increasingly large chunk of the population behind, and at this rate its pretty much an inevitability. what i'm saying is once that part of the population which is at risk of losing their job includes a majority of the middle class, then you'll see revolution, and ancoms like me trying to steer it in the right direction
>>universal basic income>Trash idea that would just result in stagnation in the real world.we agree on this point, ubi would just turn into techno-feudalism, but it is the only solution to keep capitalism from falling to revolution (well, the only one that doesn't involve mass culling of the populace)