>> to get productivity growing again, labour has to become more expensive. And the only way for labour to become more expensive is for there to be a genuinely

>> to get productivity growing again, labour has to become more expensive. And the only way for labour to become more expensive is for there to be a genuinely global and militant labour movement > I don't even know what that means. Want to know a surefire way to make labour more expensive? Minimum income for everyone. It means when labor is cheap, there is little thought investing in labor-saving capital equipment, but when labor is expensive, labor-saving capital equipment is developed and invested in. Some companies pay dividends. This is money not being used to resupply the company, nor reinvest in the company, nor to pay wages. Workers creating that wealth fighting for it to go to wages as opposed to dividends will have some side effects, one being a desire to automate the industry jobs more. Basic income for all has an effect on all of this, but not as direct. Particularly for say, programmers in San Francisco, where the small amount of money they get from basic income won't have much effect on work, automation and such at all.