Comment by 0points
6 days ago
> That maybe the attempt of capital to finally replace pesky labor with cheap machines isn't worth risking it all?
Who's gonna purchase the goods if noone gets a salary? That will work out like the french revolution.
6 days ago
> That maybe the attempt of capital to finally replace pesky labor with cheap machines isn't worth risking it all?
Who's gonna purchase the goods if noone gets a salary? That will work out like the french revolution.
You don't need to tell me, I agree, though I think the Bolshevik revolution is a more likely model.
Capital was never known for its foresight. The planning horizon is quarterly results