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1. throwa+(OP)[view] [source] 2024-05-15 21:37:53
How does capitalism work if there aren’t any workers to buy the products made by the capitalists? Not being argumentative here, I really want to know.
replies(5): >>Atotal+m >>lrvick+h5 >>Samoye+s9 >>imposs+2i >>austhr+2J
2. Atotal+m[view] [source] 2024-05-15 21:40:39
>>throwa+(OP)
Honestly don’t know if these kinds of people have thought that far ahead
3. lrvick+h5[view] [source] 2024-05-15 22:12:31
>>throwa+(OP)
All that matters are quarterly profits.
4. Samoye+s9[view] [source] 2024-05-15 22:46:49
>>throwa+(OP)
The machines can buy the products. We already have HFT, which obviously has little to do with actual products people are buying or selling. Just number go up/down.
replies(1): >>single+Vd
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5. single+Vd[view] [source] [discussion] 2024-05-15 23:28:27
>>Samoye+s9
If a machine buys a product from me and does not pay, whom should I sue?

That is the person who actually made the purchase.

6. imposs+2i[view] [source] 2024-05-16 00:07:24
>>throwa+(OP)
The way it works in any country where workers can't afford to buy the products today, so I imagine as in those countries that function most like the stereotypical African developing country.

So I imagine that the result would be that industry devolved into the manufacturing of luxury products, in the style of the top-class products of ancient Rome.

7. austhr+2J[view] [source] 2024-05-16 05:33:59
>>throwa+(OP)
Transfer payments, rent, dividends would provide income. People would then use it to buy things just like they do now.
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