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"The point was that any increase in productivity required a corresponding increase in the number of consumers capable of buying the product." yeah, it's not li
by nazgulnarsil 15y ago
"The point was that any increase in productivity required a corresponding increase in the number of consumers capable of buying the product."
yeah, it's not like increases in productivity could simply create a surplus that is then directed into other sectors. I write for the economist and cannot into economics hurrdurr. This is like saying that a machine that lets me do laundry faster is bad because I don't need to do 20 loads of laundry per day.