Quote from: anu on March 03, 2014, 01:08:14 PM

In a capitalist system, you can be laid off. In a collectivist system, where the collective is everything and the individual is nothing, redundant individuals are disposed of.

I don't understand, what do you mean "redundant individuals are disposed of"?

Main solution to tech unemployment in countries with state ownership of the production means will be reducing the working day (of course leaving yearly wage untouched).

J. M. Keynes who originated the term "technological unemployment" in his essay "Economic Possibilities for our Grandchildren" in 1930 wrote:

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But beyond this, we shall endeavour to spread the bread thin on the butter-to make what work there is still to be done to be as widely shared as possible. Three-hour shifts or a fifteen-hour week may put off the problem for a great while.

@bitaxed, I agree with you about monetary system. But in this topic we discuss another problem, which in fact relates to questions about the ownership on capital means of production, land and natural resources. Changing currency won't help a lot!