the last paragraph is were capitalism fails, and where socialism works. 3 billion jobs can support 15 billion people, but that would mean giving the fruits of that labor to those people who have no jobs. This is distributing the product of the labor force to everyone, so everyone can live, that is socialism. If you say ok, let’s just have 3 billion people, one per job, then you aren’t producing for 15 billion, and now the job pool will shrink accordingly.
So, if/when machines come to a point where one, basic, job creates enough GDP to support a massive amount of people, then you need the populace to own the means of that production.
the last paragraph is were capitalism fails, and where socialism works. 3 billion jobs can support 15 billion people, but that would mean giving the fruits of that labor to those people who have no jobs. This is distributing the product of the labor force to everyone, so everyone can live, that is socialism. If you say ok, let’s just have 3 billion people, one per job, then you aren’t producing for 15 billion, and now the job pool will shrink accordingly.
So, if/when machines come to a point where one, basic, job creates enough GDP to support a massive amount of people, then you need the populace to own the means of that production.