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Boosting aggregate demand will not solve the unemployment issue when you consider that one person with automation can produce enough goods to satisfy the demand

• EGreg 13y ago
  Right - automation presents a big and growing challenge to the structure of the economy But redistributing money to people on the bottom to give them safety nets (and allow them to do things like re-educate themselves for some other career) as well as spend it back into the economy is a way to keep them from going completely bankrupt. When a company goes bankrupt, it's one thing. When a human does, it often results in starvation and homelessness.