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How so? The compensation is increased because less people are working, so the cost of labour is fixed (which is neglible in any case in a post-scarcity society
by cambalache 7y ago
How so? The compensation is increased because less people are working, so the cost of labour is fixed (which is neglible in any case in a post-scarcity society as envisioned in the future)
- EpicEng 7y agoIf labor remains fixed then people as a whole have more money. Prices go up due to inflation and increased demand, no? I realize that's simplistic, but is it not generally true?