Message from @ibm30rpg
Discord ID: 509636489689300992
since capitalism is so badass
socialism, oof
Well, capitalism is transitionary, it's inevitable we would move to socialism
should've told me
capitalism will fail someday, it isn't too far in the future
there are a few contradictions of capitalism
o rly
yes, the main two being automation/innovation and the TRPF.
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
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.
@GoldRush Not too bad, but could've been god damn better
oh it's this show