HikerGuy83
Diamond Member
- Dec 26, 2021
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Productivity increases at the expense of workers. The capitalists consume most of the output, taking what workers produce. You are perpetuating a system of exploitation, which drives workers into the ground.
Your first sentence is correct. And the workers let it happen.
They have not caught on yet. That or they are simply to lazy to do anything about it.
You don't know what I am doing. And from what I can tell (and according to many), workers are much better off today than they were 50 years ago in terms of the goods available to them. I don't know anyone who does not own a cell phone. Even some homeless do.
A great many of those in the lower income brackets (or who are out of the workforce altogether) are there becasue of bad choices. However, mobility has slowed considerably.
Technology will address all of that, by making production much less labor intensive.
And that will drive a whole new equilibrium.
You are ironically appealing to one of the contradictions of capitalism. People work harder and still don't have what they need.
There is nothing ironic about it. It happens.
I was the one who brought it up.
The disparity of the haves vs the have-nots, becomes even more pronounced with an increase in production output, because the surplus value is going to the owners of the means of production.
That "value" only exists because there is a market for it. When that goes away, we'll see what happens.
I am concerned about the income inequality issue. I am also concerned about the wealth accumulation problem. But one thing I know....government won't be the way to change things.