since yall aren't blasting reactionary propaganda I shall answer your questions lads

ask anything

automation actually encourages more competition and an advancement in technology

which is in a sense a good thing

automation drives down profit margins, and to sustain profit margins you need population growth

so eventually capitalism will hit a plateau where its no longer profitable to invest in innovation even if its for the general good

because goods require less labour-time to be produced, and with a abundance in commodities this drives down prices, which drives down profit margins

How does automation drive down profit margins?

That's what i was trying to figure out

Wouldn't more goods be produced with automation?

yes, which drives down profit margins

eventually

or services

it will hit a point where its no longer profitable to invest in automation

because you have to sustain profits

oh because overabundance of goods/services not being sold?

yes, you need population growth to sustain profit margins by selling these abundance of goods

so if the population reaches a equilibrium there's no incentive to innovate

Not only is that a long ass time, but that would only be for 1 specific product/service lol

even then thats a stretch

Okay I can roll with that. I'm trying to get into the tech sector, but tech is just evolving so fast that it's becoming more difficult to find ways to innovate.

no, it's almost every commodity/consumer goods

you arent going to drive tescos out of business if you make car parts cheaper

@ibm30rpg yes, and eventually you would have to rely and public/government funded research to innovate

that's the point where you have socialism

so even with this profit motive, that argument is overridden of there's no profit to be gained

even still, the profit motive is a fallacious argument

because only capitalists gain from the profit motive, a worker in detroit isn't going to profit if some corporations finds it profitable to offshore jobs to Africa

218 dems to 192 GOP in house.
Confirmed that House of Representatives is controlled by Democratics. Question is, how bad did we lose?

Now that is some Psycho-Pass level shenanigans.

@ibm30rpg?

@GoldRush Not too bad, but could've been god damn better

oh it's this show

dystopian future theme

lol yall have any more questions about socialism/capitalism?

feel free to dm me anytime if yall have questions, it's in our best interests to educate the populace about socialism

What is the best country in the world as of right now

👌

we have to define what's best

Best in happiness? GDP? economic freedom????

gotta use stats