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In that case, you will be forced to drop prices, because your competitor's are probably doing the same (otherwise you'll run out of employees rsn). If prices ar
by morsch 14y ago
In that case, you will be forced to drop prices, because your competitor's are probably doing the same (otherwise you'll run out of employees rsn). If prices are falling across the board, people don't need to earn wages as high as before since they can reproduce themselves at the same level with less income.
I'm not sure there's any value to this kind of armchair economics.
- crusso 14y agoAs I said, the machines and the software and the automation produce value. That's a given in this scenario and in lots of businesses currently in existence. If we're going to have any value in a forum at all, we need to at least make an effort to read and understand the arguments of posters before posting straw men.