Moneyless-ness due to automation is in reality Wage-lessness. The core paradox of technological unemployment and aggregate demand—famously captured in the exchange between union leader Walter Reuther and a Ford executive showing off factory robots: when the executive asked how Reuther planned to collect union dues from the machines, Reuther replied, "How are you going to get them to buy cars?" Saving human labor lowers unit costs and expands margins for an individual firm, but across the macroeconomy, wage labor is the primary vehicle for distributing consumer purchasing power. Without wages, high-volume production encounters a wall of missing effective demand of this is not substituted with an unconditional universal non means tested benefit. By Chuck Sax Windlass Bank. We would like to consider all the English people in the world as a market for English and European goods; not just American goods. We believe free trade is the best way to achieve this as we understand that whole we could have trade tariff wars where we all lose, it is the loss in the extended American market for the sale of one's goods and the loss in product diversity that is most troubling. Losing Canada is not so significant to ask American beer producer but it is a loss in sales; an unnecessary loss. North America is a German Japanese car market but no matter how much we save in human labour, what market for sales of the product is there if the population does not have any money due to Wage-lessness. Without wages, high-volume production encounters a wall of missing effective demand if this is not substituted with an unconditional universal non means tested benefit. This is to maintain the Royal plebes. You are a Royal plebe boy, not a martyr, but you will have your benefits and arrears now. Click here.
Moneyless-ness due to automation is in reality Wage-lessness. The core paradox of technological unemployment and aggregate demand—famously captured in the exchange between union leader Walter Reuther and a Ford executive showing off factory robots: when the executive asked how Reuther planned to collect union dues from the machines, Reuther replied, "How are you going to get them to buy cars?" Saving human labor lowers unit costs and expands margins for an individual firm, but across the macroeconomy, wage labor is the primary vehicle for distributing consumer purchasing power . Without wages, high-volume production encounters a wall of missing effective demand of this is not substituted with an unconditional universal non means tested benefit. By Chuck Sax Windlass Bank. We would like to consider all the English people in the world as a market for English and European goods; not just American goods. We believe free trade is the best way to achieve...

