>If I devise a new process/system which means that I need only 1 employee rather than 1000, for the same amount of output, that remaining employee hasn't sudden

>If I devise a new process/system which means that I need only 1 employee rather than 1000, for the same amount of output, that remaining employee hasn't suddenly become 1000 times more productive. (Although it would be measured as such by economists.) Why should we assume that the capitalist (or the market) would reward workers for such technological progress? This is where we go back to the era of Marx and why him and others were advocates of the people owning the means of production. The two eras are similar, lots of automation, lots of inequality, huge companies growing from nothing.