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Comments by "looseycanon" (@looseycanon) on "Europe's changing labor landscape – should Europeans work more? | Business Beyond" video.
That is wishful thinking. Remember, those technologies are a part of capital and capital owners will want to capture as much of the added value as possible from these technologies... by removing the workers from the equation.
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@IMGreg.. Simple. ROI caps on capital, cost based minimum wage and most importantly outlaw any and all zoning.
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Yep, we typically get 5 weeks
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@debasishraychawdhuri The problem is, wages only determine (in part) consumption. There are four factors in GDP and conversely four different customer basis a company can concentrate on. Consumption is the people and to some degree other businesses. Let's say that is dead, there are still investments, eg. pivot to businesses and produce capital goods and kick the can down the line. Then there is government, which could either print money or tax people more and finally, they could begin to produce strictly for exports...
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