Instance PeerTube généraliste, une bonne alternative à YouTube et autres plateformes de streaming contrôlées par des géants du WEB.
General PeerTube instance, a good alternative to YouTube and other streaming platforms controlled by WEB giants.
I used to believe that it merely moves jobs, but recently started having doubts. Given the increase in productivity in the past 50 years and the stagnating wages, it’s hard to still believe. I mean, sure people will get new jobs, but I doubt it’s with similar wages and benefits.
which is pretty self defeating as there will be no one left to buy the goods produced.
You are correct, but this isn’t just about automation, it also extends to improvements in manufacturing technique and other forms of improving productivity per worker. Wages are stagnating because they are largely pressured towards a floor of “subsistence plus replacement,” and generally trend below that until crisis and correction.
The solution is, of course, Socialism. Marx makes very compelling arguments that regularly prove more and more useful with respect to his predictions for the course Capitalism would take, and Marxist economists like Lenin and Hudson continue to analyze Capitalism’s monopoly phase and deterioration. The crumbling of the US Empire we are currently seeing is something that has long been predicted.
I used to believe that it merely moves jobs, but recently started having doubts. Given the increase in productivity in the past 50 years and the stagnating wages, it’s hard to still believe. I mean, sure people will get new jobs, but I doubt it’s with similar wages and benefits.
which is pretty self defeating as there will be no one left to buy the goods produced.
You are correct, but this isn’t just about automation, it also extends to improvements in manufacturing technique and other forms of improving productivity per worker. Wages are stagnating because they are largely pressured towards a floor of “subsistence plus replacement,” and generally trend below that until crisis and correction.
The solution is, of course, Socialism. Marx makes very compelling arguments that regularly prove more and more useful with respect to his predictions for the course Capitalism would take, and Marxist economists like Lenin and Hudson continue to analyze Capitalism’s monopoly phase and deterioration. The crumbling of the US Empire we are currently seeing is something that has long been predicted.