People claiming automation will destroy the economy permanently are ignorant of how economies evolve to changing circumstances

@ubermensch greed is a great motivator.

i think it would depend on the product

Anal with a female is Protogay

If you had told the luddites in 1890 who were worried about industry wrecking the economy and causing mass poverty that in 30 years, horseless carriage business would replace most of those jobs, they'd have laughed you out the door

But it happened

I would like to say hey

with traditional commodities pricing is determined by cost of production primarily, with a markup slapped on top

the sort of media you are talking about are not traditional commodities however because you don't lose the commodity when you sell it

Basically you want to both sell your product as expensively as possible (in the sense that you want to make as much profit from it as you can), while at the same time selling as cheaply as possible (so as not to lose out sales to competition, or due to the fact that the average consumer simply won't be able to afford to buy what you're selling)

economies always adapt to changing market circumstances if allowed to ebb and flow in a natural enough way, automation isn't some new insurmountable paradigm in that respect

Ye and a big section of the world got enslaved or killed based on the shifting management from a agrarian economy to an industrial one

So don’t tell me innately it offers the best good guaranteed

It doesn’t

Sure, like I said it may be turbulent but it'll adapt

essentially, mass automation is incompatible with a healthy version of capitalism.

You say that like you can forsee the future

You say that like you didn’t look at the past

There are absolutely healthy capitalist options that involve mass automation

And therein lies the problem with both UBI and minimum wage. When you establish these things through law, then you establish a baseline. Which makes it very easy for corporations to raise and lower their prices accordingly. Just enough so the average consumer can afford it, but still keeping it high enough that you effctively get away with as much profit as possible (and indirectly hampering the purchasing power of the average consumer)

Literally Red is making a marxist argument

Marx argued that industrialization would destroy the viability of capitalism on a fundamental level

Ye and where do those people end up when they don’t fit neatly into that automated field?

In any number of fields that have yet to be automated

Ye ok sure.

In any number of jobs that support automation

Look at the trends currently, I'm not making a marxist argument, but the economic gap is partially due to run away capitalism.

It's due to runaway corporatism

Which sure is a form of capitalism but a distinct one

apply mass automation, boom, oligarchy to the extreme

And you think that automation is being encouraged by capitalism

Again, that's exactly what Marx argued

Or by corporations?

I think that it's a natural evolution of technology that is irresistible (just as industrialization was)

I think most people can recognize and understand that there is a layer of predatory capitalism in the world

And that corporations see the writing on the wall and want to get ahead of it

If you leave it to its devices

You can absolutely maintain a healthy version of capitalism if you force its hand, but currently all signs indicate oligarchy. You don't counter with Marxism, not sure why you think I am, that's childish.

Sure, that's why a healthy capitalistic system requires checks and balances to prevent corporate takeover and consumer/worker abuse

@Redxl That may be so. But my point is that neither UBI nor increased minimum wage will ever solve that particular issue. Introduce UBI and the capitalists will just raise the prices to "fit" the UBI, leaving the average consumer with pretty much the same purchasing power as before (salaries will also probably be adjusted accordingly). Raise the minimum wage, and they'll do the same thing.

And i'm not just talking about the companies selling DVD's, this will happen with ALL of them.

I'm not saying you're a marxist kek, try to read better my friend