parochial boy
parochial_boy
Junior Chimp
Posts: 5,130
Political Matrix
E: -8.38, S: -6.78
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« on: March 18, 2017, 10:04:08 AM » |
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If this automation were to happen, with the resultant effects on employment, then the only real solution would be to place the means of production in the hands of the population.
This is both because of the obvious factor that, in such a situation, the owners of the robots would become extraordinarily wealthy while the rest of the population suffered from chronic unemployment; but also, the whole idea underpinning capitalism, that we need competition, or incentive, would basically become moot if robots were doing all the work.
A basic income doesn't really go far enough; we would have to turn the entire means of production in the economy under the democratic control of the people.
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