Continued automation is incompatible with our current system of Capitalism.
because
score: 7
*Nothing* is compatible with our current system of capitalism- the wealthiest classes continue to accumulate wealth at the expense of the workers, and this will either cause a crash when the workers cannot afford basic life supplies, or a revolution.
The lives of the poorest of the poor around the world has only improved in the last few decades under regulated capitalism. It was only until China opened its economy that a middle class arose there. Responsible capitalism raises up the poor.
'Responsible' capitalism is an illusion. People in Britain starve to death because capitalism has failed them. Are they less worthy of survival than the upper middle class managers who refuse to employ them, or the wealthy who erase their jobs with the stroke of a pen?
People starved to death before the advent of capitalism. People starve(d) to death in the Soviet Union, Venezuela, Cuba, China. Starvation is natural in human societies
In freer capitalistic countries, the poor are more likely to be obese than to starve to death.
People starved to death in authoritarian state capitalist dictatorships calling themselves socialist, you mean. People starve to death now when there is no shortage of food. People starved in primitive societies because there was a shortage. There is a difference.
No True Scotsman argument. Venezuela, Soviet Union, Cuba are as close as you can get to a socialist state in reality. When you have increased state power (even under the guise of "the people") you get corruption, starvation, and worse.
When a machine replaces a worker, that worker now has no more income and therefore there is less currency circulating in the market. This also effects the owner of the machine, as there are now less people able to purchase the goods the machine is creating.
This assumes that a displaced worker will not be able to find any job whatsoever. There are many jobs that cannot or should not be performed by machines, such as teaching, or health care.
This assumes that automation will not create new jobs (of different type), which is incorrect. Same as computers deprived some job types when they emerged, they created different jobs instead (developers etc).
This is an assumption, its a fallacy, but i wont be flagging it as a fallacy ill just explain: a lot more than 1 developer develops a software for a robot. a lot more than 1 engineer builds a robot.
to say 1 person is doing it is having no idea what is involved making a robot.
okay i thought it was clear for everyone that those are numbers i made up.
however in the end the amount of workers (or atleast the amount of money the workers get paid) will decrease else it wouldn't be worth doing it (it=creating robots)
I would support this claim if there is any data or source that proves the same happened with recent emerging technology which also deprived certain jobs. (proof that new technology reduced the amount of money paid to workers)
that is basic game theory: do i (as business owner) pay more if i let human workers work for me (and pay them)or if i let robots work for me (and pay the programmer, etc.)? what ever is the cheaper option i take it!
cheaper => reduced the amount of money paid (to workers)
This is true, since humans used to calculate stuff like prime numbers, and now computers are doing that. However, computers have seen the rise of computer programmers, game testers, electricians etc. and has seen computer science taught in schools.
If that is the case, then why didn't capitalism die during the industrial revolution? Capitalism has survived one major technological revolution, and therefore there is no reason why it can't survive another.
But the industrial revolution didn't hurt anyone in the long run or poke out an eye in this analogy. It actually dramatically improved living conditions.
roguedakotan
