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I was asked by moderators to not engage debates about ideology, so I'm not going to respond to this beyond saying that absolving him of his responsibility for m
by CryptoPunk 7y ago
I was asked by moderators to not engage debates about ideology, so I'm not going to respond to this beyond saying that absolving him of his responsibility for making a prediction that ended up being proven wrong, and for forwarding a claim about the fundamental impact of automation that is a basic economic fallacy, is not intellectually honest.
- claudiawerner 7y agoEven then, it was not obviously a fallacy; several well respected political economists of the time had similar ideas; both Ricardo and Malthus believed that rising automation would lower wages, though without qualification as Marx had.