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by jordanb 3437 days ago
Back when the labor movements were stronger it could be a good thing for (almost) everyone because in order to introduce new automation, management would have to offer employees something in return (high wages, benefits, shorter working hours, etc).

The end result is that everyone up and down the income distribution benefited from gains in efficiency. And those who were displaced had little problem finding new work because their former coworkers now had more money and/or leisure time to spend on new economic activity.