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What happens when everything gets automated under capitalism? Does it just become socialism by that point? (lemmygrad.ml)

submitted 1 week ago by SovietReporter@lemmygrad.ml to c/asklemmygrad@lemmygrad.ml

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[–] CarlMarks@lemmygrad.ml 26 points 1 week ago (1 children)

Capitalism cannoy automate everything. The road to such automation creates crisis for capitalism, namely profitability due to, e.g., firing too large a percentage of the workforce and killing demand while operating on even slimmer profit margins. Resolving these crisis has historically been fueled by destruction and rebuilding. War and occupation. Genocide.

[–] chesmotorcycle@lemmygrad.ml 17 points 1 week ago

This is the right take. Moreover, the capitalist West lacks the means of production to automate in the first place. So the real question is, what will AES states do as they continue to automate?