"Then, the smaller chains that couldn't afford to reduce their workforce and/or invest in efficiency or robotics wouldn't survive. You would see less competitiv

"Then, the smaller chains that couldn't afford to reduce their workforce and/or invest in efficiency or robotics wouldn't survive. You would see less competitive chains like Popeye's closing up on Interstate exits, and their marketshare would be handed over to the larger chains." That's sort of the point of productivity improvements. You either invest capital or you die. Exactly why should poor people prop up poor businesses with low capital depth because "what about the jobs"? Kalecki warned about this as far back as 1943. https://mronline.org/2010/05/22/political-aspects-of-full-employment/ https://mronline.org/2010/05/22/political-aspects-of-full-em...