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>>7602

>They closed refineries because productivity was so high that there was no work left for those refineries


No, no - they closed the refineries to create a false scarcity. They could have, if they wished, kept refining oil into gasoline in great amounts. Prices at the pump could have plummeted. In order to keep their prices up, they shut down the refineries, thereby reducing the amount of gas getting produced, and keeping gas prices elevated. The work didn't go away, they shut it down deliberately for the sake of profits.

>but what happened to the people who got fired? like I said what required 1000 people with old technology now requires 10 people so where you put the rest of 990 who lost their job? you may suggest that they will get be employed elsewhere but productivity is increasing in all areas so people are being fired from all jobs not hired.


It's the "buggy whip" question. People who made buggy whips lost their jobs when the automobile replaced horse-drawn carriages. Well, we didn't hear about all the oil refinery employees marching on congress or dying in the streets, so they must have gotten other jobs. In this world, you must adapt as times change.

You may be right, for example, that artists will become unable to sell their art. If that happens, people will have to adapt. I think it would be a shame, and I think it will not create some kind of wonderland of free art if it happens that selling art is impossible. But people will have to adapt and find other ways to make a living. These kind of adjustments may be difficult but they are not impossible, and they are not so insurmountable a hill to get over that capitalism is imminently doomed.
Post number No.7607
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