Re: FW Some hard questions about a Basic Income 1

[Durant]

More automation means more capital investment and
lower rate of profit in a time when profit is 
still reasonable through financial servises,
speculation and service industries.
Also, there were still some new markets
and new low-pay workers around the globe
offering more profitable alternatives.

Eva


> 
> Many thanks, Tom.  No need to send it now. And thanks for the other
> information, too.
> 
> What in your opinion (and I ask others on the list, too) were the main
> reasons, or forces, which prevented the logic of automation moving towards
> a shorter work week and eventually the end of work from playing out--or
> even being considered seriously now?
> 
> I know to some extent that is the focus of this entire list, but how would
> you specifically answer that question?
> 
> 
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