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People are not just required to work because there's so much work to do, but because they need income, so they can consume, take on debt, service it, etc. No wo
by w0utert 13y ago
People are not just required to work because there's so much work to do, but because they need income, so they can consume, take on debt, service it, etc. No work means no income means no consumption means no economic growth means we won't be able to service our national debt or take on new loans.
I'd go as far as saying a non-trivial proportion of service sector jobs is only necessary to keep deprecated business models going, not because they are indispensable or add actual value to the economy.
The cynical conclusion to draw is that the common man will always be a working debt slave. A history of over 200 years of automation seems to support this conclusion, as people only have to work more and more to make ends meet.