3 ms·
> Full employment is one of the fundamental macroeconomic objectives Except for kids/students, and retired people. Nothing is preventing us from studying until
by tomp 11y ago
> Full employment is one of the fundamental macroeconomic objectives
Except for kids/students, and retired people. Nothing is preventing us from studying until we're 30 and retiring at 35 - if only the minority of the population can be productive enough (with the help of machines, obviously) to produce enough for the rest.
- apalmer 11y agothe thing that is preventing this from happening is starvation. In a capitalist society where 90% do not contribute to production or commerce and the labor is done and capital owned by the 10%... the 90% starves.