Reply to post: Re: Someone's probably said it but...

Basic income after automation? That’s not how capitalism works

Charles 9 Silver badge

Re: Someone's probably said it but...

So like I said, wealth has gravity. Those that have a lot of it tend to naturally accrue more as people still demand their daily bread and you demand their wealth in exchange. It's like a big poker tournament: eventually people will drop out as they run out of wealth and eventually the ones left with all the wealth will close off their walled garden and start hashing it out amongst themselves. It's happened before, and this time they likely have the resources to actually keep the unwashed masses at bay.

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