this post was submitted on 06 Sep 2023
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[–] Poob@lemmy.ca 81 points 1 year ago* (last edited 1 year ago) (3 children)

Capitalism is in a permanent prisoners dilemma.

Overall they need to treat their employees well so that there's growth in the economy, since no one to buy things means no market to sell things. However, they can also choose to screw over their employees with bad pay, terrible conditions, or in this case, automating their workforce and firing people.

If no one screws their employees, the economy expands with modest growth.

If one or few corporations screw their workers while everyone else doesn't, they become fabulously rich and the rest get outcompeted.

If everyone screws their workers, then the economy collapses because there's no growth, and everyone eventually goes out of business.

[–] Naura@lemmy.world 16 points 1 year ago* (last edited 1 year ago) (1 children)

this is why I believe capitalism is unsustainable.

when I talk about automation and labor, no one seems to get it. Hey, if your job gets automated, you get fired. Have you even considered that you could do less labor for the same pay because your work got automated? they just look at me like my head's been cut off.

[–] ChaoticEntropy@feddit.uk 7 points 1 year ago

Good news! Your workload has halved so you don't have to work in to the evening!

Bad news... that means I only need half my current workforce now to work in to the evening and so you're fired.

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