SJConspirator » 04 Sep 2022, 1:22 am » wrote: ↑
Automation displaces workers (bank tellers, cashiers, factory workers, assembly lines etc.) while simultaneously increasing production tenfold. This results in massive surplus of every commodity, while decreasing the number of wage earners who can afford to buy them.
That is the paradox of abundance, the “crisis of capitalism” and it all but guarantees there will be some sort of UBI eventually
https://www.colombotelegraph.com/index. ... -headache/
Yes, I also mentioned this subject years ago...and how saturated everything has become which is why we have a bunch of paper pushing jobs (meaningless corporate/white-collar work) with glorious titles bestowed upon 110-120 midwits on LinkedIn such that they can brag about "how intelligent" they are
Economics Compacted, by Fred Reed - The Unz Review
"It all but guarantees there will be some sort of UBI" - I think (((they))) would rather get rid of the "useless eaters"...just a hunch.
I can't prove it but we'll see how this plays out. And even IF we get some kind of UBI it will be a complete joke...rent for a single bedroom apartment right now in my medium COL city is like $1500/month, yet Trump during the Covid-19 scamdemic paid like what? $1200 for just a couple months per adult + $500/child?