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

submitted 1 week ago by SovietReporter@lemmygrad.ml to c/asklemmygrad@lemmygrad.ml

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[–] CarlMarks@lemmygrad.ml 1 points 1 week ago

Capitalism cannoy automate everything. The road to such automation creates crisis for capitalism, namely profitability due to, e.g., firing too large a percentage of the workforce and killing demand while operating on even slimmer profit margins. Resolving these crisis has historically been fueled by destruction and rebuilding. War and occupation. Genocide.