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Marx anticipated the problem as capitalism’s systemic crisis, the growth in the ‘organic composition of capital’ (machines) in an inverse relation to ‘living labor’ (jobs). The way out, in the shorter run, is a social wage combined with shorter hours, and in the longer run, socialism on the path to a classless society. McAfee here

Source: http://www.ripess.org/the-impact-of-robots-abundance-and-the-need-for-radical-structural-reform/?lang=en

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The Impact of Robots: Abundance and the Need for Radical Structural Reform

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