I understand that under capitalism, when automation happens, workers get fired. But under socialism, I don’t see a reason to hire new workers/expand the company. How would a new graduate find a job in the age of automation? Would they just start their own company?

  • Muad'DibberA
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    2 years ago

    UBI is a capitalist proposal only because it leaves control of production, politics, and the amount of income provided in the hands of capitalists. In the hands of capital, it becomes a finely tunable lever to quell class struggle.

    If a socialist state wants to provide it’s citizens with a basic level of goods and services, facilitated by a basic income or monthly labor vouchers, that is different.

    Watch the videos and read the articles in the link I sent you.