Thats why it needs to be regulated to succeed

otherwise you have crippling poverty

How can someone realistically believe capitalism will survive the rise of automation?

nothing will survive the rise of automation

the only people will be the rich of the rich

Not with socialism

Socialism is no different

It is very different

How would socialism defeat the rise of automation

Completely opposite

if I start a company in a socialist world with robots as workers

what would happen

Ok I have to stop using socialism

Ive heard the theory on why socialism would survive

continue

You can use socialism

Government controlled economy then

I know what you mean

its easier to put it into one word

The government owns all of the companies

So it redistributes wealth

As the cost of products gets closer to 0, everyone can live with abundance

So the government receives the means of production?

Yes

Thats fascism lmao

Ok then Im a fascist

Theres nothing inherently wrong with fascism on the surface

But it doesnt end well

for that to happen you have to live in a world without greed

People are greedy and theres no changing that

I mean it would be democratic, so hopefully, the people would control the means of production

in a socialist or fascist world someone would take control

Well if the people own the means of production itll still end the same way

One person starts a business with full automation

then they proceed to fuck everyone else

They rise to power or prop up someone who will

there will be an alliance and bam

ends the same

The government can use automation

The government isnt an incorruptible entity

The government is made up of people