Post
Topic
Board Economics
Re: Technological unemployment is (almost) here
by
Rassah
on 20/12/2013, 21:52:34 UTC
If you own means of production, real estate or any other physical capital in this country it can be expropriated, as well as rights on virtual capital (patents and copyrights) simply voided.
Bitcoin won't save your property in case of revolution! Grin

I don't support patents and copyrights, either, but that's true about the rest. And we all know the outcome. Same thing that happened in every other country where a revolution resulted in public confiscation of private land and private means of production (it was never good).

The problem is "technological inequality" caused by automation and unfair redistribution of the product they create in favor of capital owners instead of workers, not the machines itself!

Why is it unfair? Should workers get more product, even if they don't contribute as much to its production? I would argue that it's unfair for workers to get ANY product, because without the capital owners, no product would be created in the first place (and my argument would also be ridiculous).
Who is it that decides what is fair, what is not, who contributed, and who did not?