I wonder how much of "markets adjust and other types of employment opportunities pop up" is just the aging out through retirement and death of the redundant wor

I wonder how much of "markets adjust and other types of employment opportunities pop up" is just the aging out through retirement and death of the redundant workers. Basically, the labor theory of Planck's principle: '"A great scientific truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents eventually die, and a new generation grows up that is familiar with it", Planck once wrote.'