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by ESMirro
1188 days ago
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Given the current emerging wealth gap and all trends in the Western world I fear you’d have to be incredibly naive to think the long term goal here is to benefit the average person. This is simply a play by capital to reduce and remove expensive knowledge worker roles and drag them more in line with the rest of the population already struggling to get by. You won’t be a “25 year old retiree” because that’s bad for those in charge.
You’ll be a “25 year old working 3 jobs just to scrape by on your rent because you’re just a warm body and we can replace you easily”. UBI is political fantasy, the US can’t even offer proper universal healthcare - you genuinely believe they’d pursue that when the alternative is more power and an even greater reliance on capital? |
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Apply your analysis to the automation and scaling up of the factory and agriculture. According to your premises, such things should have been negative for the average person's material wellbeing. These sectors have become more efficient, which means less demand for labor, which means more power for capital.
But, observation (massive poverty alleviation) contradicts this conclusion, which means your premises are wrong. The premises are wrong because there are mechanisms built into both capitalism itself (competition between supply, i.e. between capital, driving down economic rents) as well as the attenuation from government (welfare state) which mean the gains from efficiency aren't all captured into the pockets of capital. They get spread around.
> naive to think the long term goal here is to benefit the average person.
The goal is always profit. Sometimes profit is aligned with what benefits the average person. Sometimes it isn't. A bad outcome doesn't necessarily follow from this.