Where have all the jobs gone?

A robot has replaced the workers or several robots, so when Humans are not cheap enough employ a robot. It is understandable as robots work quickly never get tired or complain. @ £5.80 an hour a decision has been made that humans are too expensive and thus a robot has been invested in.

Although there is ancillary work say the maintenance and programming of such robots the amount of human labour reduced in the process is stunning. The above factory example has almost zero human input once the button is pressed to go.

But herein lies the problem and that of total capitalism, in that if everybody's jobs are replaced by machines then who will be left with jobs to buy the goods?. Nobody thats who...

Henry Ford's revolution was based not on assembly lines for efficiency although this was markedly important. Instead his revolution was based on paying high wages, high wages motivate the staff. Also high wages mean that the staff have money to buy the products and services that Ford produced therefore forming a virtuous circle.

You work for money, you have money you buy.

Today a Robot does your job, you are on your £61 welfare cheque a week who is going to buy the products of the company producing things?....