this post was submitted on 01 May 2025

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What happens when everything gets automated under capitalism? Does it just become socialism by that point? (lemmygrad.ml)

submitted 3 months ago by SovietReporter@lemmygrad.ml to c/asklemmygrad@lemmygrad.ml

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[–] SovietReporter@lemmygrad.ml 0 points 3 months ago (1 children)

So, what could happen at the end? Once the rate of profit becomes 0?

[–] NikkiB@lemmygrad.ml 1 points 3 months ago

Presumably a massive economic crash. This has obviously never happened, it doesn't even "fall" consistently over time due to the repeated capture of new markets overseas. Marx is just describing the consequences of "automation" under capitalism, or more generally the outsourcing of human labor to machinery.