General Discussion
In reply to the discussion: I was just informed from my boss and HR that my entire profession is being automated away. [View all]Cirsium
(3,301 posts)"Free market" apologists talk about consumers and workers as though they are two different groups. Of course that is not true.
What happens when we are all unemployed? Then we can't buy anything, and a major depression occurs, because if we can't buy anything they can't sell anything. We will face hunger, homelessness and despair. The fat cats will regroup, buy up everything dime on the dollar and build yet more wealth for themselves and their heirs. Then they will hire us back to produce the things we need to survive, while they skim off most of the value we create with our labor and put it into their own pockets. That will continue until the entire global population has been reduced to penury and the environment has been utterly destroyed.