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First, it's not that they are 'entitled' to the value, it's that our entire economic model is based on continuous consumption. If vast swathes of the population
by dyeje 7y ago
First, it's not that they are 'entitled' to the value, it's that our entire economic model is based on continuous consumption. If vast swathes of the population have no way to get money because robots do the work and only the wealthiest capture the value, then it collapses because there is nobody with money to consume the goods produced.
Second, the point you're getting at is trickle down economics. Personally, I don't think it works.