Arrant Star Trek Socialism

Robotic Utopia
In spite of the fact that Marx expressed nothing but disdain for his Utopian socialist predecessors such as Henri Saint-Simon and Auguste Comte, variants of Utopian socialism evidently live on. The latest iteration of the socialist
It is quite ironic that something that would never have come into existence in a socialist system is now supposed to hasten the introduction of same – and of course, this time, it will be done right!
The idea is basically this: as robots are becoming more sophisticated, more and more labor that is widely regarded as drudgery will become obsolete. Eventually, robots will take over the production of all the goods we need and want, and human workers will be free to pursue art, philosophy, or whatever else strikes their fancy.
So far so good, actually. It is after all the very aim of economic activity to increase labor productivity and produce ever more output with the same, or even a smaller input. In the market economy this goal is primarily achieved by entrepreneurs steadily lengthening the structure of production with new investment and increasing the division of labor. The sine qua non requirement for this process is an increase in real savings (money printing cannot replace such savings).
In addition to this essential process, new technologies and new methods of production are constantly introduced as well, which helps to increase output even further. We can observe this process in the manufacturing industries nowadays: ever fewer workers are producing an ever greater output. The same has previously happened in the agricultural sector.

This post was published at Acting-Man on MAY 31, 2016.