Here’s the original for a better quality
Thank you. I edited the post with the new image but I’m not sure it will federate well
One theory says gold currency was invented for military campaigns. Kings of old didn’t need currency as they could just demand someone give or make them what they wanted, including mining for more gold. But soldiers need food, so a serious campaign means a lot of logistics. Or you could give them gold so they could buy stuff. And to make sure there is enough gold and people actually want to sell stuff the king imposes taxes.
So, no-one is going to say by automation, one person can feed 10,000, clothe 1000, house 100. Not even 1 ‘man’ can support a family like in the 1950s. What’s gone wrong ? What’s the damn problem, sir?
1 man can feed 10,000 families after automation, but capitalism has taken away the extra 9,999 families worth of wealth, and the working class is now back to square 1.
Agree, plz help.
Average productivity and salary were pretty closely tied up until around 1978. Since then productivity has continued to skyrocket but salary has remained stagnant.
Excellent - thanks OP
This gave me a guffaw.