The fact is that mechanization is competing against humans. And so long as the human wage can be driven down in real terms, the falling minimum cost of mechaniz

The fact is that mechanization is competing against humans. And so long as the human wage can be driven down in real terms, the falling minimum cost of mechanization won't meet it. But there is inelasticity in human wages, created by things such as food and having a roof over your head. When the lines cross by enough to outweigh the political backlash, the companies switch to machines, and one more category of job disappears forever. Thus I have said: in a few years time, we are going to face the choice - either we all retire, or we'll all be sacked. To take option 1, first discard money and capitalism.