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Indeed. But what are the solutions. One proposal is "raise taxes on capital by a lot, and then provide basic income". Another option would be "nationalize all p
by yoz-y 9y ago
Indeed. But what are the solutions. One proposal is "raise taxes on capital by a lot, and then provide basic income". Another option would be "nationalize all production and distribute the profits". There is the luddite option of course but I do not believe that the progress can be stopped. And I do not think that there are nearly enough "new" jobs created in services, entertainment and arts.
- ddxxdd 9y agoMy point was actually that there is no way automation could possibly leave more people worse off, since it brings more goods into circulation.