Russians Marvel At American Bolsheviks And Give Fair Warning To The Consequences

[Waggs098]

Originally Posted by donquixote99

That's the idea, yes. The point is, it's in every employer's interest to reduce his labor cost as much as he can, and that interest is persistent in all economic conditions. But if they all do it enough, they wreck the economy. No one employer is responsible for the aggregate effect, or intends it. But it's an emergent result from the system.

Or an emergent from technology.