Do we understand this??? Productivity is causing the high unemployment. The GOP does.

[bhikkhu]

26. Productivity gains is production per employee, not profits

where the profits go has nothing to do with productivity itself.

For example; years and years ago I worked in an office doing telephone surveys. I might have completed 50 surveys in a day. In an office nowadays there might be one person operating a computer bank performing automated surveys. That worker might be responsible for 5000 completed surveys in a day.

Another example; an old-style automobile manufacturer might have employed 1000 people, producing 100 cars a day. A modern automotive manufacturer might employ 100 people running an automated assembly line, producing 100 cars a day.

In all sorts of ways, in all kinds of different areas of commerce and business, the "myth" is fundamentally true.

With that said, there is no necessary disadvantage to automation or high levels of productivity. People with all the things they need still enjoy spending their money on all kinds of services, and our quality of life has more to do with the services we can afford than the things we possess, at some moderate point of income. The problem is, as it usually is, one of fair distribution.