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Capitalism has created the most complacent slave worker class the world has ever seen. They are called machines. They do the work of thousands of people in all industries from Agriculture to wagon making. They never strike. They never revolt. They only wear out in a repairable manner.
The problem is the unreliable and expensive wage demanding workers the mechanical slaves have replaced have not shared in the profits from employing the mechanical slaves. Without the wages from their former work these people cannot purchase as much of the output of the factories. Without the mass market the factories cannot make a profit and without a profit to pay for the machine slaves the system collapses.
We are ironically the victims of our own success. We can produce nearly unlimited goods but we no longer have millions of workers have enough money to purchase the goods. Huge debt has made up some of the shortage but debt really cannot increase forever.
What comes after our form of crony mechanized capitalism? Only Mammon knows.
Literally the Earth does have infinite resources. They just become uneconomicaly dilute after a few times around. Only fuels are used up by combustion. Everything else sticks around.
Literally the Earth does have infinite resources. They just become uneconomicaly dilute after a few times around. Only fuels are used up by combustion. Everything else sticks around.
Exactly. Us humans are pretty smart, running out of matter is hardly a concern.
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