this post was submitted on 10 Sep 2023
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Late Stage Capitalism

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[–] muad_dibber@lemmygrad.ml 9 points 1 year ago

Relevant Bucky Fuller quote:

Only a socialist / a planned economy ensures that the value created by labor-saving devices results in them having more free time (or more value allocated to them in other ways). In capitalism it only funnels money (temporarily at least) into capitalists pockets alone, and creates unemployment for the rest.